Screening for Best Stocks

Wow, time flies. I haven’t posted here in awhile.

I wanted to mention a nice little Excel add in that is useful for finding the best CANSLIM stocks. CANSLIM investors who are also IBD subsribers may be familiar with the Screen of the Day which is a list of stocks published by Investors Business Daily matching a specific set of criteria each day. The best CANSLIM stocks often show up in these screens. IBD allows you to download these screens into an Excel file, but wouldn’t it be nice to sift through all the screens to find out which stocks appear most often? This program allows you to archive the screens and then sort, sift and organize to find the best stocks. I believe there is a free trial and another free program which allows you to archive the IBD100. Anyway, every so often I’ll post some stocks here that are appearing in the screens most often. The stocks below have appeared most often in screens for institutional sponsorship, financial efficiency, high profit margins, young companies, EPS and relative strength.

Appearing in 7 out of the past 10 screens:
Aeropostale (ARO): up 14% since breaking out on May 24th
General Maritime (GMR): broke out yesterday
Overseas Shipping (OSG): up 13% since breaking out on June 1st
Shufflemaster (SHFL): pulling back to 50 day moving average
Sierra Health (SIE): trending up, up and away
Ultra Petroleum (UPL): broke out yesterday
Zimmer Holdings (ZMH): up 7% since breaking out on April 16th

Appearing in 6 out of the past 10 screens:
Coventry Health (CVH): is flat since the breakout on June 1st
Ebay (EBAY): is up 18% since breaking out on April 1st
Sanderson Farms (SAFM): up 17% since breaking out on May 26th
Tsakos Energy Navigation: broke out yesterday
Urban Outfitters (URBN): has held above the 50 day moving average for the last 15 months!

If you’d like to check out this Excel add in you can find it at excel-sheets.com

4 thoughts on “Screening for Best Stocks”

  1. Hi Sreejan,

    I got your email regarding this and tried to respond, but it wasn’t getting through. I’m not real sure if you’re looking for an Indian site that uses the canslim method for equities on the indian market or are referring to the ADR’s, which I do track at SelfInvestors.com. In fact, the 3 indian outsources – SAY, INFY and CTSH are ranked highly in my database. The internet provider REDF is also on my radar. Hope that answers your question.

  2. I want the book of william j. o’neil.if it is available free download. pl. help me

  3. Chetan, you’ll have a tough time finding it free, maybe the library?

    Or you could find it used from Amazon for a couple bucks.. I still have a link to the book below.

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