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A question for the Group: Are IBD Big Cap 20 stocks CANSLIM?

From: user 7.
Sent on: Tuesday, August 3, 2010 2:55 PM

As I learned in the IBD level I Saturday, the IBD 100 are not all necessarily CANSLIM stocks. Hmmm…. That struck me as odd… Since they are promoting the CANSLIM criteria, it would seem logical that they publish a list of CANSLIM stocks. Oh well. We are supposed to search the site, I learned, for articles on the stocks on the IBD 100 or IBD Big Cap 20 before buying them to confirm that we are buying CANSLIM stocks.

 

I was wondering about DD since it was on the IBD big cap 20 list and forming a cup. Then I looked at CNI, CAT, DD and PCAR. These are all old companies.

V and MA used to be on the IBD Bigcap 20 list. I made some good money on V and would have made good money on MA had I used a stop loss (MA dropped so suddenly as a result of earnings I could not sell it fast enough – now I use stop loss orders in spite of O’Niel’s recommendation not to and sell a couple of days before earnings reports are due).

 

So I searched and I cannot find news of new products or services from CNI, CAT, DD or PCAR. I doubt V or MA had anything new.

 

Should I not have bought V and MA and never buy CNI, CAT or DD unless I see they have a new product or service by searching investors.com?

 

I am not really very hopeful that V, MA, CNI or CAT are going to come out with any new products or services in the near future. So it would make sense to me that IBD just leave these off the bigcap 20 list.

 

Do you agree?

 

Siegfried

 

 

 

 

 

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