Definition
CAN SLIM refers to the acronym developed by the American stock research and education company Investor’s Business Daily. IBD claims CANSLIM represents the seven characteristics that top-performing stocks often share before making their biggest price gains. It was developed in the 1950s by Investor’s Business Daily founder William O’Neil. The method was named the top-performing investment strategy from 1998-2009 by the American Association of Individual Investors. In 2015, an exchange-traded fund was launched focusing on the companies listed on the IBD 50, a computer generated list published by Investors Business Daily that highlights stocks based on the CAN SLIM investment criteria.
CAN SLIM
What is the ‘CAN SLIM’
The CAN SLIM is a system for selecting stocks created by Investor’s Business Daily founder William J. O’Neil. Each letter in the acronym stands for a key factor to look for in a company.
Explaining ‘CAN SLIM’
The seven-part criteria is as follows:
Further Reading
- Does economic growth and financial development spur energy consumption in Tunisia? – academicjournals.org [PDF]
- … Link among Uncertainty, Instability and Institutions, and the Need for Stabilization Policies: Towards a Synthesis Between Post Keynesian and Institutional Economics – ideas.repec.org [PDF]
- Managed aquifer recharge using quaternary-treated wastewater: an economic perspective – www.tandfonline.com [PDF]
- Nonlinear predictability of stock returns using financial and economic variables – www.tandfonline.com [PDF]
- Financial development and economic growth in Cameroon, 1970-2005 – academicjournals.org [PDF]
