Go to Jeff Salisbury LWGate Home Page.From: "Gene Ricci" <genr@swbell.net>
Subject: [CANSLIM] A Question for Bill O'Neil [T2003062500K0]
Date: Thu, 26 Jun 2003 16:09:09 -0500
Next Article (by Subject): [CANSLIM] MVL "Maria McAdams"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0377_01C33BFD.46F4D140 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable FYI ... the free Ask Bill O'Neill feature at www.investors.com is a = great resource for gathering succinct IBD information in a timely = manner... feature is free to registered users (also free). Regards, Gene Hello Gene,=20 Thank you for the e-mail.=20 William J. O'Neil would like to answer all questions but due to the = sheer volume, he is not able to address every question personally on the = Web site. We can handle your inquiry here. There is no one minimum = criteria as each stock's ratings and chart needs analyzed along with the = general market trend. We do suggest looking for stocks with 80 and 80 = Ratings for EPS and RS and at least a C for Acc/Dis.=20 These Ask Bills from the Archive address very similar concerns and may = be helpful: Ask Bill O'Neil Archives Monday, April 28, 2003=20 =20 "Do you maintain a list of stocks that meet your CAN SLIM requirements? = If so, where do I find it?"=20 - - Submitted from Evergreen, Colo. =20 =20 Investor's Business Daily does not publish a list of stocks that = specifically meet the criteria spelled out in the CAN SLIM Investment = Research Tool. However, you can find screens that list stocks with many = of the CAN SLIM characteristics. The IBD 100, published each Monday, = shows companies with leading earnings growth, top relative price = performance and high IBD Composite Ratings (which include sales growth, = industry group ranking and other measurements). The Weekly Review, = published on Fridays, is a similar list. The Big Picture, Real Most = Active and The New America make it a habit to report on leading stocks, = which quite often are CAN SLIM-type stocks. But no matter which screen = or column you look at, keep in mind a couple of points. First, don't = assume that any good stock mentioned in IBD is a recommendation to buy. = Make sure you do the appropriate research and study the stock's chart. = Second, one of the characteristics of CAN SLIM is that the stock market = should be in an uptrend, otherwise any stock purchase carries inherently = higher risk. =20 Ask Bill O'Neil Archives Monday, December 11, 2000=20 =20 "I'm a new investor and subscriber to IBD. Would I be OK to just pick a = stock with an EPS Rating of 99, a Relative Price Strength Rating of 99 = and an 'A' in the other three ratings?"=20 - - Submitted from Greenfield, Ind.=20 =20 The IBD SmartSelect Corporate Ratings result from decades of study into = the greatest stock market winners. Each rating measures a different key = aspect of proper stock selection. Rather than buying stocks that have = the highest possible ratings (such as an EPS Rating of 99), you should = use the ratings to help you screen out stocks. For example you could = create a great research list by looking at all stocks with an EPS and RS = of 80 or higher and B B B or higher. From there start looking for the = stocks that are forming sound bases. Also disregard any stocks that are = extended from their base. By this time you should have a relatively = small list of quality stocks to choose from. By looking at their = SmartSelect Ratings, you should be able to easily see the strengths and = weaknesses of each stock. Then do your final in-depth research on each = of these stocks. Once you have your final list don't rush out and buy = them; you need to wait for them to break out of a proper base on heavy = volume. Remember, don't buy stocks that are extended more than 5% from = their pivot point. And always protect yourself by selling stocks if they = fall 8% from your purchase price. =20 Ask Bill O'Neil Archives Friday, July 27, 2001=20 =20 "What are the CAN SLIM criteria you mention sometimes?"=20 - - Submitted from Toms River, N.J.=20 =20 CAN SLIM is an acronym that describes the seven common characteristics = of stocks we found in our research of some of the greatest stocks over = the past 50 years, before each of these stocks made their huge price = gains. This is what each letter represents: C - Current earnings must be = strong. We look for earnings per share growth of at least 25% in the = most recent quarter, or an acceleration in recent earnings growth, or = both. Also, the latest three quarters of sales growth should be a = minimum of 25%. Otherwise, sales growth should be accelerating. A - = Strong annual earnings growth. We look for annual earnings growth for = the last three years of 25% or greater. Also, return on equity should be = at least 17%, and pretax profit margins should be increasing. N - New = products, services or leadership. If a company has a dynamic new product = or service, or is capitalizing on new conditions in the economy, this = can have a dramatic impact on the price of a stock. Also, buy stocks = just as they emerge from a sound "base" pattern and make new price = highs. S - Supply and demand. Watch the demand for shares by looking at = the percentage change in volume for each of your stocks. Analyze a = stock's daily and weekly price and volume changes. L- Look for leading = stocks in leading industry groups. Nearly 50% of a stock's price action = is a result of its industry group's performance. Focus on the top = industry groups, and within those groups select stocks with the best = price performance. The stock's Relative Price Strength Rating should be = in the 80s or 90s. I - Institutional sponsorship. You want at least a = few of the better performing mutual funds owning the stock. They're the = ones who will drive the stock up on a sustained basis. M - Market = direction should be positive. You can buy the best stocks, but if the = general market is weak, most likely your stocks will be weak also. You = need to study IBD's General Market & Sectors page and learn how to = interpret shifts in the market's trend.=20 The IBD Stock Checkup shows the data item of 3-Year Earnings Per Share = Growth Rate. The IBD Stock Checkup's Overall Rating (or Diagnosis) is = determined by a proprietary formula incorporating all five of the Stock = Diagnosis Ratings. These five ratings are not weighted equally. Stocks = with superior characteristics are rated A or A+, while low rated stocks = (D & E) reveal weakness that could negatively affect the price of a = stock. On a scale of 1-99, with 99 being best, a stock rated 90 places = in the top 10% of stocks. This rating is based on technical and = fundamental factors that most influence a stock's price, based on = current and historical studies of the greatest stock market winners. Also, Investors.com now offers Premium Services, a collection of = investment-research tools from Daily Graphs Online=AE, now being made = available directly from the investors.com home page. One of these is a powerful stock screening tool - Daily Graphs=AE Custom = Screen Wizard. This paid subscription service offers screening of over 8,000 stocks in = the William O'Neil Database=A9. You can use the Earnings section to = screen for stocks using the 3-Yr EPS Growth Rate, the 3 to 5-Yr Earnings = Growth Rate and many, many other criteria. Subscribers can screen over 50 criteria including SmartSelect=AE = Ratings, IBD's industry groups and sectors, earnings, price and more. = Many of the screening criteria are proprietary. The Custom Screen Wizard also provides guidance in developing quality = screens based on the characteristics of past market winners. The Custom Screen Wizard criteria are grouped into eight categories of = related items: =B7 IBD SmartSelect=AE Ratings =B7 Earnings =B7 Sales =B7 Industry & Sector =B7 Shares & Holdings =B7 Price & Volume =B7 Margins & Ratios =B7 General Daily Graphs Custom Screen Wizard is the only service that allows = individual investors to search the entire William O'Neil Database=A9 for = stocks that meet their own specific criteria. For further details and interactive tours of Daily Graphs Online=AE, the = Custom Screen Wizard and Industry Groups, please visit the following = link: http://www.investors.com/products/. We offer 7-day trial subscriptions of our Complete Equity Package, which = includes Daily Graphs Online=AE, Daily Graphs=AE Custom Screen Wizard, = and Daily Graphs=AE Industry Groups. For complete details on this and = other subscription packages, please go to this link: = http://www.investors.com/store/IBDpricing.asp. Do you have a friend or family member who might enjoy two FREE weeks of = Investor's Business Daily? Sign them up today with no obligation and = they will also receive trial access to the subscriber-only features of = investors.com absolutely free. Click the link below to take advantage of = this offer: <http://ibd.infostreet.com/cgi-bin/freeoffer.cgi?source=3DA3V2GG3> Please email us again with any other comment or question. Sincerely,=20 Paul Investor's Business Daily www.investors.com - -------------------------------------------------------------------------= - --------- Question =3D I have limited time to find CANSLIM candidates. If I use = the IBD Stock Checkup feature, what is the minimum criteria that I must use = to determine a list that meets the minimum CANSLIM criteria? EPS =3D> ?? RS =3D> ?? SMR =3D> ?? A/D =3D> ?? Grp RS =3D> ?? Composite Rank =3D> ?? Do the stocks in the Top 100 list meet all of the CANSLIM citeria? Thank you, Gene - ------=_NextPart_000_0377_01C33BFD.46F4D140 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2726.2500" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY style=3D"COLOR: #000000; FONT-FAMILY: Comic Sans MS" = bgColor=3D#ffffff> <DIV>FYI ... the free Ask Bill O'Neill feature at <A=20 href=3D"http://www.investors.com">www.investors.com</A> is a great = resource for=20 gathering succinct IBD information in a timely manner... feature is = free to=20 registered users (also free).</DIV> <DIV> </DIV> <DIV>Regards,</DIV> <DIV>Gene</DIV> <DIV><BR></DIV><BR><FONT face=3D"Times New Roman">Hello Gene, = <BR><BR>Thank you=20 for the e-mail. <BR><BR>William J. O'Neil would like to answer all = questions but=20 due to the sheer volume, he is not able to address every question = personally on=20 the Web site. We can handle your inquiry here. There is no one minimum = criteria=20 as each stock's ratings and chart needs analyzed along with the general = market=20 trend. We do suggest looking for stocks with 80 and 80 Ratings for EPS = and RS=20 and at least a C for Acc/Dis. <BR><BR>These Ask Bills from the Archive = address=20 very similar concerns and may be helpful:<BR><BR>Ask Bill O'Neil=20 Archives<BR>Monday, April 28, 2003 <BR> <BR> "Do you = maintain a=20 list of stocks that meet your CAN SLIM requirements? If so, where do I = find it?"=20 <BR>- Submitted from Evergreen, Colo. <BR> <BR>Investor's = Business=20 Daily does not publish a list of stocks that specifically meet the = criteria=20 spelled out in the CAN SLIM Investment Research Tool. However, you can = find=20 screens that list stocks with many of the CAN SLIM characteristics. The = IBD 100,=20 published each Monday, shows companies with leading earnings growth, top = relative price performance and high IBD Composite Ratings (which include = sales=20 growth, industry group ranking and other measurements). The Weekly = Review,=20 published on Fridays, is a similar list. The Big Picture, Real Most = Active and=20 The New America make it a habit to report on leading stocks, which quite = often=20 are CAN SLIM-type stocks. But no matter which screen or column you look = at, keep=20 in mind a couple of points. First, don't assume that any good stock = mentioned in=20 IBD is a recommendation to buy. Make sure you do the appropriate = research and=20 study the stock's chart. Second, one of the characteristics of CAN SLIM = is that=20 the stock market should be in an uptrend, otherwise any stock purchase = carries=20 inherently higher risk. <BR><BR>Ask Bill O'Neil = Archives<BR>Monday,=20 December 11, 2000 <BR> <BR>"I'm a new investor and subscriber to = IBD.=20 Would I be OK to just pick a stock with an EPS Rating of 99, a Relative = Price=20 Strength Rating of 99 and an 'A' in the other three ratings?" <BR>- = Submitted=20 from Greenfield, Ind. <BR> <BR>The IBD SmartSelect Corporate = Ratings result=20 from decades of study into the greatest stock market winners. Each = rating=20 measures a different key aspect of proper stock selection. Rather than = buying=20 stocks that have the highest possible ratings (such as an EPS Rating of = 99), you=20 should use the ratings to help you screen out stocks. For example you = could=20 create a great research list by looking at all stocks with an EPS and RS = of 80=20 or higher and B B B or higher. From there start looking for the stocks = that are=20 forming sound bases. Also disregard any stocks that are extended from = their=20 base. By this time you should have a relatively small list of quality = stocks to=20 choose from. By looking at their SmartSelect Ratings, you should be able = to=20 easily see the strengths and weaknesses of each stock. Then do your = final=20 in-depth research on each of these stocks. Once you have your final list = don't=20 rush out and buy them; you need to wait for them to break out of a = proper base=20 on heavy volume. Remember, don't buy stocks that are extended more than = 5% from=20 their pivot point. And always protect yourself by selling stocks if they = fall 8%=20 from your purchase price. <BR><BR>Ask Bill O'Neil = Archives<BR>Friday, July=20 27, 2001 <BR> <BR> "What are the CAN SLIM criteria you mention = sometimes?" <BR>- Submitted from Toms River, N.J. <BR> <BR>CAN SLIM = is an=20 acronym that describes the seven common characteristics of stocks we = found in=20 our research of some of the greatest stocks over the past 50 years, = before each=20 of these stocks made their huge price gains. This is what each letter=20 represents: C - Current earnings must be strong. We look for earnings = per share=20 growth of at least 25% in the most recent quarter, or an acceleration in = recent=20 earnings growth, or both. Also, the latest three quarters of sales = growth should=20 be a minimum of 25%. Otherwise, sales growth should be accelerating. A - = Strong=20 annual earnings growth. We look for annual earnings growth for the last = three=20 years of 25% or greater. Also, return on equity should be at least 17%, = and=20 pretax profit margins should be increasing. N - New products, services = or=20 leadership. If a company has a dynamic new product or service, or is=20 capitalizing on new conditions in the economy, this can have a dramatic = impact=20 on the price of a stock. Also, buy stocks just as they emerge from a = sound=20 "base" pattern and make new price highs. S - Supply and demand. Watch = the demand=20 for shares by looking at the percentage change in volume for each of = your=20 stocks. Analyze a stock's daily and weekly price and volume changes. L- = Look for=20 leading stocks in leading industry groups. Nearly 50% of a stock's price = action=20 is a result of its industry group's performance. Focus on the top = industry=20 groups, and within those groups select stocks with the best price = performance.=20 The stock's Relative Price Strength Rating should be in the 80s or 90s. = I -=20 Institutional sponsorship. You want at least a few of the better = performing=20 mutual funds owning the stock. They're the ones who will drive the stock = up on a=20 sustained basis. M - Market direction should be positive. You can buy = the best=20 stocks, but if the general market is weak, most likely your stocks will = be weak=20 also. You need to study IBD's General Market & Sectors page and = learn how to=20 interpret shifts in the market's trend. <BR><BR>The IBD Stock Checkup = shows the=20 data item of 3-Year Earnings Per Share Growth Rate. The IBD Stock = Checkup's=20 Overall Rating (or Diagnosis) is determined by a proprietary formula=20 incorporating all five of the Stock Diagnosis Ratings. These five = ratings are=20 not weighted equally. Stocks with superior characteristics are rated A = or A+,=20 while low rated stocks (D & E) reveal weakness that could negatively = affect=20 the price of a stock. On a scale of 1-99, with 99 being best, a stock = rated 90=20 places in the top 10% of stocks. This rating is based on technical and=20 fundamental factors that most influence a stock's price, based on = current and=20 historical studies of the greatest stock market winners.<BR><BR>Also,=20 Investors.com now offers Premium Services, a collection of = investment-research=20 tools from Daily Graphs Online=AE, now being made available directly = from the=20 investors.com home page.<BR><BR>One of these is a powerful stock = screening tool=20 - - Daily Graphs=AE Custom Screen Wizard.<BR><BR>This paid subscription = service=20 offers screening of over 8,000 stocks in the William O'Neil Database=A9. = You can=20 use the Earnings section to screen for stocks using the 3-Yr EPS Growth = Rate,=20 the 3 to 5-Yr Earnings Growth Rate and many, many other=20 criteria.<BR><BR>Subscribers can screen over 50 criteria including = SmartSelect=AE=20 Ratings, IBD's industry groups and sectors, earnings, price and more. = Many of=20 the screening criteria are proprietary.<BR><BR>The Custom Screen Wizard = also=20 provides guidance in developing quality screens based on the = characteristics of=20 past market winners.<BR><BR>The Custom Screen Wizard criteria are = grouped into=20 eight categories of related items:<BR><BR>=B7 IBD SmartSelect=AE = Ratings<BR>=B7=20 Earnings<BR>=B7 Sales<BR>=B7 Industry & Sector<BR>=B7 Shares & = Holdings<BR>=B7=20 Price & Volume<BR>=B7 Margins & Ratios<BR>=B7 = General<BR><BR>Daily Graphs=20 Custom Screen Wizard is the only service that allows individual = investors to=20 search the entire William O'Neil Database=A9 for stocks that meet their = own=20 specific criteria.<BR><BR>For further details and interactive tours of = Daily=20 Graphs Online=AE, the Custom Screen Wizard and Industry Groups, please = visit the=20 following link: </FONT><A = href=3D"http://www.investors.com/products/"><FONT=20 face=3D"Times New = Roman">http://www.investors.com/products/</FONT></A><FONT=20 face=3D"Times New Roman">.<BR><BR>We offer 7-day trial subscriptions of = our=20 Complete Equity Package, which includes Daily Graphs Online=AE, Daily = Graphs=AE=20 Custom Screen Wizard, and Daily Graphs=AE Industry Groups. For complete = details on=20 this and other subscription packages, please go to this link: </FONT><A=20 href=3D"http://www.investors.com/store/IBDpricing.asp"><FONT=20 face=3D"Times New = Roman">http://www.investors.com/store/IBDpricing.asp</FONT></A><FONT=20 face=3D"Times New Roman">.<BR><BR>Do you have a friend or family member = who might=20 enjoy two FREE weeks of Investor's Business Daily? Sign them up = today with=20 no obligation and they will also receive trial access to the = subscriber-only=20 features of investors.com absolutely free. Click the link below to take=20 advantage of this offer:<BR><</FONT><A=20 href=3D"http://ibd.infostreet.com/cgi-bin/freeoffer.cgi?source=3DA3V2GG3"= ><FONT=20 face=3D"Times New = Roman">http://ibd.infostreet.com/cgi-bin/freeoffer.cgi?source=3DA3V2GG3</= FONT></A><FONT=20 face=3D"Times New Roman">><BR><BR>Please email us again with any = other comment=20 or question.<BR><BR>Sincerely, <BR><BR>Paul<BR>Investor's Business=20 Daily<BR></FONT><A href=3D"http://www.investors.com"><FONT=20 face=3D"Times New = Roman">www.investors.com</FONT></A><BR><BR>------------------------------= - ----------------------------------------------------<BR>Question=20 =3D I have limited time to find CANSLIM candidates. If I use the<BR>IBD = Stock=20 Checkup feature, what is the minimum criteria that I must use = to<BR>determine a=20 list that meets the minimum CANSLIM criteria?<BR>EPS =3D> = ??<BR>RS =3D>=20 ??<BR>SMR =3D> ??<BR>A/D =3D> ??<BR>Grp RS =3D> ??<BR>Composite = Rank =3D>=20 ??<BR><BR>Do the stocks in the Top 100 list meet all of the CANSLIM=20 citeria?<BR><BR>Thank you,<BR>Gene<BR><BR><BR><BR></BODY></HTML> - ------=_NextPart_000_0377_01C33BFD.46F4D140-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Subject): [CANSLIM] MVL "Maria McAdams"
Articles sorted by: [Date]
[Author]
[Subject]