#TradingUniversity
1) Explain CANSLIM Strategy
• CANSLIM is a techno- fundamental strategy developed by investor William O’ Neil which helps in picking quality stocks and promises potentially better returns in the future.
• This strategy is ideal for investors who cannot hold the stocks for longer periods say more than 5-6 years.
• Today when the market is close to its lifetime high, stock picking has really become even more difficult. Even investors are in a dilemma that whether they should go by company’s fundamental or should time the market based on technical parameters.
• However, the combination of technicals and fundamentals can be a winning strategy since technicals provide attractive entry and exit points while fundamental provide conviction to hold the stock.