Which stocks should I buy today?

Screening Filters

1. Market Capitalization (market_cap: {'min': '5000000000'}):

   • Purpose: To focus on large-cap stocks with a market capitalization of at least $5 billion.
   • Rationale: Large-cap stocks are generally more stable and less volatile compared to smaller companies. They are often well-established businesses with a proven track record, making them a safer choice for investment. This aligns with the user's query for stocks to consider buying today, as these companies are less likely to experience extreme fluctuations.

2. RSI Category (rsi_category: ['oversold']):

   • Purpose: To identify stocks that are currently in the "oversold" category based on the Relative Strength Index (RSI).
   • Rationale: An RSI in the oversold range suggests that a stock may be undervalued and could be poised for a potential rebound. Including this filter helps the user find stocks that might be trading at a discount, offering a potential buying opportunity.

3. Weekly Price Change Percentage (week_price_change_pct: {'max': '-3'}):

   • Purpose: To find stocks that have declined in price by no more than 3% over the past week.
   • Rationale: This filter ensures that the selected stocks have experienced a recent price dip, which could indicate a temporary pullback rather than a long-term decline. It complements the RSI filter by further narrowing down stocks that might be undervalued or oversold.

4. Dividend Yield (dividend_yield_ttm: {'min': '1.5'}):

   • Purpose: To focus on stocks with a trailing twelve-month (TTM) dividend yield of at least 1.5%.
   • Rationale: Dividend-paying stocks provide an additional income stream, which can be attractive to investors. A minimum yield of 1.5% ensures that the user is considering stocks that offer a reasonable return through dividends, adding to the overall appeal of the investment.

5. Optionable Stocks (is_optionable: 'True'):

   • Purpose: To include only stocks that have options available for trading.
   • Rationale: Optionable stocks provide additional flexibility for investors who may want to use options strategies, such as hedging or generating income through covered calls. This filter ensures that the user has more tools at their disposal for managing their investment.

Why Results Match:

• The filters collectively aim to identify large, stable companies that are currently undervalued or oversold, offering a potential buying opportunity.
• The inclusion of a dividend yield ensures that the selected stocks provide an additional income stream, making them more attractive for long-term investors.
• By focusing on optionable stocks, the screener ensures that the user has the flexibility to employ advanced trading strategies if desired.
• The weekly price change filter and RSI category work together to highlight stocks that may be temporarily undervalued, aligning with the user's interest in finding stocks to buy today.