Top defence stocks

Screening Filters

1. moving_average_relationship: PriceAboveMA20, PriceAboveMA200

• Purpose: Find defence stocks that are trading in a positive technical trend.
• Rationale: Stocks above their 20-day and 200-day moving averages are generally showing near-term and long-term strength. For a “top defence stocks” screen, this helps focus on names that are not only in the defence sector but also currently exhibiting market momentum rather than weak or declining price action.

2. industry: Aerospace & Defense

• Purpose: Narrow the universe specifically to defence-related companies.
• Rationale: The user asked for “defence stocks,” so this is the most direct fundamental classification filter. It ensures the screen captures companies involved in military systems, aerospace defense equipment, and related services, which are the core names most users expect when looking for defence stocks.

3. themes: Aerospace & Defense

• Purpose: Reinforce the sector/theme focus on defence.
• Rationale: This helps catch companies that may be tagged under the broader investment theme of aerospace and defense, even if their industry classification is slightly different or broader. It improves coverage and relevance for a defence-stock screen.

4. revenue_ttm: min 0

• Purpose: Exclude companies with no reported revenue.
• Rationale: Defence stocks are typically operating businesses with established sales, contracts, and government relationships. Requiring positive trailing-twelve-month revenue filters out speculative or non-operating entities, making the screen more aligned with real defence companies.

5. free_cash_flow_ttm: min 0

• Purpose: Focus on companies generating positive cash flow.
• Rationale: Positive free cash flow suggests a company is producing cash after capital expenditures, which is often a sign of financial strength and operational quality. For “top” defence stocks, this helps identify more stable and fundamentally healthy businesses.

Why Results Match:

• The sector and theme filters directly target defence-related companies, so the screen is centered on the correct industry.
• The revenue and free cash flow filters help ensure the companies are established and financially viable, not just names in the sector.
• The moving average filters add a quality and momentum overlay, helping surface defence stocks that are not only fundamentally sound but also currently performing well in the market.
• Together, these filters are well-suited to finding a list of stronger, more relevant defence stocks rather than a broad or speculative set.