CAN SLIM is an acronym for a system of selecting individual stocks. Its seven parts follow:
- C — current quarterly earnings
- A — annual earnings growth
- N — new product or service
- S — supply and demand
- L — leader or laggard?
- I — institutional sponsorship
- M — market direction
For the CAN SLIM history, usage and other details, go here. It is a system developed by stockbroker William O’Neill to make investment decisions by identifying strong performing growth stocks. Without question, O’Neill was highly qualified. CAN-SLIM was named the best-performing investment strategy by the American Association of Individual Investors.
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