Your Personal Invitation

Please join us at the AAII Investor Conference in Orlando, Florida. This year's lineup of speakers and presentations will provide you with the tools, ideas and information you need to succeed in today's investment marketplace. You'll learn the evaluation technniques and strategies used by investment professionals, as well as gain valuable knowledge from our vast array of special programs, workshops and educational presentations.

This year's AAII Investor Conference will be held at the Loews Royal Pacific Resort in Orlando, Florida, where you will receive the perfect balance of investment education and relaxation.

Please note, this event sells out quickly.
Register now!

Key Speakers Include:

Click here for a full list of speakers/topics.

Investing in Proven Growth Using CAN SLIM Revised

by Wayne A. Thorp, CFA

Investing In Proven Growth Using CAN SLIM Revised Splash image

The “original” CAN SLIM approach of William O’Neil is based on O’Neil’s analysis of 500 of the biggest stock market winners from 1953 to 1993. The CAN SLIM approach presented in O’Neil’s book, “How to Make Money in Stocks,” was based upon the characteristics that these winning stocks possessed prior to their big price run-ups.

However, O’Neil extended his analysis of past market winners to 600 companies that performed strongly from 1953 to 2001 and revised a number of CAN SLIM criteria. In 2002, O’Neil released his new findings in the third edition of “How to Make Money in Stocks” and this article focuses on our stock screen that is based on this revised approach.

In this article


Share this article


About the author

Wayne A. Thorp is senior financial analyst at AAII and editor of Computerized Investing. Follow him on Twitter at @AAII_CI.
Wayne A. Thorp Profile
All Articles by Wayne A. Thorp

CAN SLIM Overview

Both the original and revised CAN SLIM screens seek companies with proven records of quarterly and annual earnings and sales showing strong relative price strength and support from leading institutions.

O’Neil shies away from value-oriented stock selection methodologies, as he believes that stocks generally sell for what they are worth. Therefore, in O’Neil’s opinion, stocks with low price-earnings ratios are probably priced correctly by the market.

To read more, please become an AAII member or CLICK HERE.

Wayne A. Thorp, CFA is senior financial analyst at AAII and editor of Computerized Investing. Follow him on Twitter at @AAII_CI.


Discussion

No comments have been added yet. Add your thoughts to the discussion!

You need to log in as a registered AAII user before commenting.
Create an account

Log In