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. |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
201. | Kabra Extrusion | 430.30 | 52.49 | 1504.88 | 0.81 | 2.56 | -54.04 | 88.20 | -34.00 | 10.45 | 1.72 | 0.73 | 26.25 |
202. | Dharmaj Crop | 346.15 | 27.57 | 1169.89 | 0.00 | 15.07 | 3.86 | 255.28 | 57.64 | 14.52 | 7.47 | 4.46 | 26.22 |
203. | Eureka Forbes | 618.50 | 107.46 | 11961.24 | 0.00 | 31.04 | 40.52 | 552.81 | 9.41 | 3.46 | 2.06 | 1.61 | 25.92 |
204. | Lloyds Engineeri | 80.41 | 104.33 | 9203.97 | 0.25 | 21.22 | 65.26 | 135.42 | 19.71 | 28.61 | 0.43 | 0.19 | 25.52 |
205. | Maan Aluminium | 211.40 | 43.99 | 1143.35 | 0.00 | 3.39 | -66.60 | 176.78 | -14.75 | 24.94 | 1.95 | 0.63 | 25.43 |
206. | Wendt India | 14724.25 | 74.35 | 2944.85 | 0.34 | 7.68 | -14.86 | 49.06 | -4.29 | 24.67 | 54.11 | 38.40 | 24.27 |