Friday, January 5, 2007

CANSLIM: Could it make you rich?

You know you need to research before you make an investment or trade. Do you know what to look for in your research? There are probably hundreds of different methods that professional and individuals use; to each his own, right?

William J. O’Neil established and publishes the popular newspaper, Investor’s Business Daily. He also developed an investing formula to find the next “Microsoft” or “Starbucks” big gainers like that.

According to O’Neil “CANSLIM”
C- Current Quarterly Earnings
A- Annual Earnings
N- New Products, New Management, New Highs
S- Supply of Stock
L – Leader
I- Institutional Ownership
M- Market Direction

So what does it all mean? Visit Investors.com to learn more about the CANSLIM method.

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