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. | Steelcast | 799.25 | 23.91 | 1617.68 | 0.90 | 12.93 | -36.24 | 77.66 | -35.01 | 39.95 | 9.17 | 6.39 | 39.45 |
152. | LMW | 16707.15 | 89.14 | 17848.25 | 0.45 | 24.46 | -78.75 | 768.99 | -41.76 | 18.08 | 34.81 | 22.90 | 196.56 |
153. | Bengal & Assam | 10061.15 | 8.46 | 11365.41 | 0.40 | 256.41 | -15.95 | 528.27 | -87.54 | 14.11 | 436.04 | 219.90 | 840.78 |