The CANSLIM Growth Model Portfolio was updated this weekend. New Adds of 6 stocks were made and Removals of 6 stocks were made. All prices are as of 04/26/2024. A total of 20 stocks are in the Portfolio.
The CANSLIM Growth Model Portfolio is up over 40% in 2023-2024 and 24% ahead of its benchmark BSMAX.
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 – AMX, JWN, NCLH, PAYS, PDCO, VRRM
Remove – AMAL, FFBC, IBCP, NSSC, OSBC, PEBO
Noteworthy Active Transactions include CSWC which is up 40% since its addition on 4/23/23. Removed were NSSC which was up 128% since its addition to the Active Portfolio on 10/27/23. AMAL was also Removed and was up 52% since its addition to the Active Portfolio on 6/30/23.
See the CANSLIM Growth Portfolio Detail Here
YOUTUBE Swing Trader Trading Channel
After a review of the Closed transactions in this Portfolio since it went live at the beginning of 2023, I determined that there are more Mid Cap transactions than I originally thought. So I am changing the benchmark that this Portfolio is compared against to BSMAX ( Russell Small/Mid-Cap Index Fund). The BSMAX has about 1/3 of its stocks as Mid Caps and 2/3 as Small Caps. This is more in line with the type of stocks selected in this Portfolio. The previous benchmark, IJR (Small Cap benchmark) is currently up 11% since the beginning of 2023 and the BSMAX is up 16% over that same time. So the comparison of the Portfolio to the benchmark will show a slightly less outperformance with the change.
Performance 12/31/2022 to 04/26/24
Backtests for the Model Portfolios
The CANSLIM Growth Model Portfolio continues its dramatic outperformance over its benchmark from 12/31/22 to today. The Portfolio is up over 40%. The software decided to remove AMAL and NSSC and replace them with some new Adds. AMAL was up 52% and NSSC was up 128% when Removed. The benchmark was changed from IJR to BSMAX.
All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. Disclaimer
Copyright 2023-2024 SwingTrader.Trading. All Rights Reserved.
Position Trader 
You must be logged in to post a comment.