The CANSLIM Growth Model Portfolio was updated this weekend. New Adds of 5 stocks were made and Removals of 5 stocks were made. All prices are as of 12/29/2023. A total of 20 stocks are in the Portfolio.

The CANSLIM Growth Model Portfolio is up over 34% this year and 18% ahead of its benchmark IJR.

The Model Portfolio is made up of 19 to 22 stocks. The criteria used to select the stocks is using the CANSLIM approach. CANSLIM represents the seven characteristics that top-performing stocks often share before making their biggest price gains. Not all the characteristics are being used since some of them are subjective or I cannot backtest. The characteristics I am using are Earnings per share (EPS) and related data concerning EPS, Return on Equity and Sales increase.

Add – BWB, CBNK, IMXI, SPFI, SPNS

Remove – CHWY, HAFC, MITK, TITN, XP

Noteworthy Active Transactions include  CLS which accounts for much of this Alpha. It is up +136%. Another one is NSSC which is up 78% since its addition to the Active Portfolio on 10/27/23.

See the CANSLIM Growth Portfolio Detail Here

Backtest for the CANSLIM Growth Model Portfolio

In the six Model Portfolios, Mid Cap Flyers, Small Cap Discoveries, CANSLIM Growth, Large Cap Stalwarts, BI-Weekly Swings and Quant Alpha’s, the year-to-date stats are below.

Performance 2023 to 12/29/23

Small Cap Discoveries	30.97%
IJR (Small Cap benchmark)	14.38%
CANSLIM Growth	34.10%
IJR (Small Cap benchmark)	14.38%
Mid Cap Flyers	21.03%
MDY (Mid Cap Benchmark)	14.59%
Large Cap Stalwarts	12.62%
RSP (Large Cap benchmark)	11.72%
BI-Weekly Swings	49.64%
BSMAX ( Russell Small/Mid-Cap Index Fund)	15.40%
Quant Alpha’s	36.44%
EQAL (Russell 1000 Equal Weight ETF)	9.77%

The CANSLIM Growth Model Portfolio finished up the year on a strong note. Up over 34% for the year and way ahead of the benchmark. This is not surprising. The backtest of this Portfolio shows a strong tendency to outperform the IJR benchmark. This year was just a typical year in a long list of outperforming years. I expect 2024 will be more of the same.

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