CANSLIM Stocks
Developed by William O'Neil of Investor's Business Daily, CANSLIM is a method of screening for stocks based on the folllowing seven characteristics. It should be noted that typically, only 2% of the database will qualify as buy candidates using these screening applications. Also, when the Market Edge "Market Posture" is bearish, there will not be any selections since the M part of the formula requires a favorable market environment. In order to qualify as a CANSLIM stock the company needs to have the following characteristics: • C=Current Earnings: Quarterly earnings per share are up 25% or more. • A=Annual Earnings: Five year average compounded earnings growth rate is greater that 24%. • N=New Highs: The stock is within 15% of making a new 52-week high and is breaking out of a period of consolodation. • S=Shares Outstanding: The number of shares outstanding is less than 50 million shares and there has been a recent increase in trading volume. • L=Leading Stocks: The company is a market leader reflected by a Relative Strength Value (RSV) of 80 or higher.A RSV of 80 means that the stock outperformed 80% of all other stocks in the data base during the past year. • I=Institutional Ownership: Institutional sponsorship should be minimal but there should be at least one major institution with a sizeable position in the stock. • M=Market Conditions: The Market Edge "Market Posture" should be Bullish.During periods when the posture is bearish, there will not be any selections.
by Saintl
S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | Exp Qtr EPS Rs. | EPS Qtr Rs. | Avg PAT 5Yrs Rs.Cr. |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
151. | Banco Products | 628.45 | 17.67 | 4492.48 | 3.50 | 68.32 | -30.45 | 570.64 | 12.09 | 25.83 | 12.55 | 9.55 | 128.93 |
152. | PTC India | 222.55 | 12.99 | 6590.58 | 3.50 | 97.04 | -13.52 | 3471.65 | 10.60 | 9.21 | 4.71 | 2.68 | 439.87 |
153. | Swaraj Engines | 2472.95 | 21.80 | 3006.01 | 3.84 | 35.18 | 0.63 | 350.96 | -2.45 | 52.00 | 39.74 | 28.96 | 108.23 |
154. | O N G C | 274.30 | 6.87 | 345139.21 | 4.10 | 11526.53 | 28.88 | 166770.63 | 1.65 | 18.44 | 11.35 | 8.03 | 33210.27 |
155. | Gloster Ltd | 855.25 | 37.01 | 926.25 | 5.26 | 2.18 | -82.49 | 136.95 | -13.43 | 6.62 | 4.16 | 1.99 | 44.72 |
156. | Nirlon | 424.60 | 18.61 | 3826.50 | 6.12 | 51.18 | 2.96 | 153.36 | 3.54 | 27.73 | 8.39 | 5.68 | 142.42 |
157. | India Grid Trust | 136.41 | 37.45 | 10686.97 | 7.73 | 58.48 | -58.75 | 813.54 | 31.70 | 8.30 | 1.22 | 0.71 | 385.67 |
Median: 157 Co. | 855.25 | 35.46 | 17513.79 | 0.45 | 97.04 | 16.55 | 1078.68 | 11.89 | 17.23 | 9.74 | 5.47 | 320.55 |