The CAN SLIM strategy, popularized by investor William O'Neil in his classic book How to Make Money in Stocks, is a growth-oriented methodology that blends fundamental and technical analysis. The acronym stands for Current earnings, Annual earnings, New products or highs, Supply and demand, Leader or laggard, Institutional sponsorship, and Market direction. The core idea is to identify stocks with accelerating earnings and sales that are also showing strong relative price strength and institutional interest, all while keeping an eye on the overall market trend. By filtering for these characteristics, investors aim to catch high-growth companies before they become fully priced in by the broader market.
This screening approach recently flagged Kinross Gold Corp (NYSE:KGC), a gold mining company with operations spanning North America, South America, and Africa. The stock currently displays several traits that align well with the CAN SLIM framework, particularly in terms of earnings momentum, valuation, and financial health.
Recent Performance and Earnings Acceleration
One of the most critical components of the CAN SLIM system is the "C" criteria—Current quarterly earnings and sales growth. The strategy demands that a stock shows at least 20% year-over-year earnings per share (EPS) growth in the most recent quarter, with an ideal preference for acceleration.
Kinross Gold Corp comfortably meets this threshold. The company reported EPS growth of 136.67% when comparing the latest quarter to the same period last year. Sales growth during that same quarter hit 60.78%, well above the 25% minimum the strategy typically recommends. This kind of double-digit acceleration in both earnings and revenue is precisely what the CAN SLIM method looks for—it signals that the business is hitting an inflection point, not just coasting on past success.
Annual Earnings and Financial Health
Beyond a single good quarter, the "A" in CAN SLIM requires a history of strong annual earnings increases. Over the past three years, Kinross has delivered EPS growth of 100.36% per year on average, far surpassing the 25% baseline suggested in the book. The company also reports a Return on Equity (ROE) of 31.49%, which is well above the 10% minimum and suggests management is efficiently using shareholder capital.
Financial health is another area where the stock scores well. The Debt-to-Equity ratio stands at a low 0.08, indicating minimal leverage relative to equity. This aligns with the "S" (Supply and Demand) criteria, which favors companies with lower debt burdens. The fundamental analysis report assigns Kinross a rating of 7 out of 10, with standout marks for profitability (8/10) and financial health (8/10). Specifically, the report highlights a return on invested capital (ROIC) of 24.48%, which is among the best in the Metals & Mining industry.
Relative Strength and Market Leadership
The "L" in CAN SLIM stands for "Leader or Laggard," and it is measured through relative strength. The idea is to only invest in stocks that are outperforming the vast majority of other equities. Kinross Gold Corp earns a relative strength rating of 86.53, meaning it has outperformed 86.53% of all other stocks over the trailing period. This places it firmly in the "leader" category, a key condition for the strategy.
Additionally, the technical outlook, while currently rated 4 out of 10 in the technical analysis report, shows that the stock is trading near a support zone around $25.58. The long-term trend remains neutral, but the stock's strong 12-month performance—up 76.23%—suggests it has already shown the type of momentum the CAN SLIM method seeks. The short-term trend is also neutral, which could indicate a consolidation phase—a pattern the system often views as a potential launching pad before a breakout.
Valuation and Institutional Support
Valuation is often a secondary concern in growth investing, but the CAN SLIM system does not ignore it. Kinross Gold Corp currently trades at a Price/Earnings ratio of just 12.07, which is significantly below the industry average. The Price/Forward Earnings ratio of 7.56 suggests the stock is priced for future growth at a discount. The valuation component of the fundamental report scores 9 out of 10, with notes that the stock is cheaper than 85.71% of its industry peers on a trailing earnings basis.
The "I" (Institutional Sponsorship) criteria is also satisfied. Institutional ownership sits at 69.00%, which is below the 85% upper limit the strategy recommends. This suggests institutions have a meaningful but not overwhelming stake, leaving room for additional buying pressure as more funds discover the stock. The CAN SLIM method favors this dynamic because increasing institutional ownership often drives share prices higher.
The Broader Market and Screening Results
The "M" (Market Direction) component of CAN SLIM advises investors to be cautious in bear markets and aggressive in bull markets. Currently, the S&P 500 is showing a positive long-term and short-term trend, which provides a supportive macro environment for growth stocks. While gold miners are not always correlated with the broad market, the positive backdrop is a green light for the strategy.
For investors looking to repeat this approach, the pre-configured CAN SLIM stock screener used in this analysis is available for direct use. The screener applies filters such as a minimum 20% quarterly EPS growth, 25% sales growth, 75+ relative strength, and a debt-to-equity ratio below 2. You can explore the full list of stocks meeting these criteria and adjust the filters to your own preferences via this link to the CANSLIM High Growth screen.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Always perform your own research and consider consulting a licensed financial advisor before making any investment decisions.
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KINROSS GOLD CORP (NYSE:KGC) Fits CAN SLIM Screening Criteria With Strong Earnings Acceleration
The CAN SLIM strategy, popularized by investor William O'Neil in his classic book How to Make Money in Stocks, is a growth-oriented methodology that blends fundamental and technical analysis. The acronym stands for Current earnings, Annual earnings, New products or highs, Supply and demand, Leader or laggard, Institutional sponsorship, and Market direction. The core idea is to identify stocks with accelerating earnings and sales that are also showing strong relative price strength and institutional interest, all while keeping an eye on the overall market trend. By filtering for these characteristics, investors aim to catch high-growth companies before they become fully priced in by the broader market.
This screening approach recently flagged Kinross Gold Corp (NYSE:KGC), a gold mining company with operations spanning North America, South America, and Africa. The stock currently displays several traits that align well with the CAN SLIM framework, particularly in terms of earnings momentum, valuation, and financial health.
Recent Performance and Earnings Acceleration
One of the most critical components of the CAN SLIM system is the "C" criteria—Current quarterly earnings and sales growth. The strategy demands that a stock shows at least 20% year-over-year earnings per share (EPS) growth in the most recent quarter, with an ideal preference for acceleration.
Kinross Gold Corp comfortably meets this threshold. The company reported EPS growth of 136.67% when comparing the latest quarter to the same period last year. Sales growth during that same quarter hit 60.78%, well above the 25% minimum the strategy typically recommends. This kind of double-digit acceleration in both earnings and revenue is precisely what the CAN SLIM method looks for—it signals that the business is hitting an inflection point, not just coasting on past success.
Annual Earnings and Financial Health
Beyond a single good quarter, the "A" in CAN SLIM requires a history of strong annual earnings increases. Over the past three years, Kinross has delivered EPS growth of 100.36% per year on average, far surpassing the 25% baseline suggested in the book. The company also reports a Return on Equity (ROE) of 31.49%, which is well above the 10% minimum and suggests management is efficiently using shareholder capital.
Financial health is another area where the stock scores well. The Debt-to-Equity ratio stands at a low 0.08, indicating minimal leverage relative to equity. This aligns with the "S" (Supply and Demand) criteria, which favors companies with lower debt burdens. The fundamental analysis report assigns Kinross a rating of 7 out of 10, with standout marks for profitability (8/10) and financial health (8/10). Specifically, the report highlights a return on invested capital (ROIC) of 24.48%, which is among the best in the Metals & Mining industry.
Relative Strength and Market Leadership
The "L" in CAN SLIM stands for "Leader or Laggard," and it is measured through relative strength. The idea is to only invest in stocks that are outperforming the vast majority of other equities. Kinross Gold Corp earns a relative strength rating of 86.53, meaning it has outperformed 86.53% of all other stocks over the trailing period. This places it firmly in the "leader" category, a key condition for the strategy.
Additionally, the technical outlook, while currently rated 4 out of 10 in the technical analysis report, shows that the stock is trading near a support zone around $25.58. The long-term trend remains neutral, but the stock's strong 12-month performance—up 76.23%—suggests it has already shown the type of momentum the CAN SLIM method seeks. The short-term trend is also neutral, which could indicate a consolidation phase—a pattern the system often views as a potential launching pad before a breakout.
Valuation and Institutional Support
Valuation is often a secondary concern in growth investing, but the CAN SLIM system does not ignore it. Kinross Gold Corp currently trades at a Price/Earnings ratio of just 12.07, which is significantly below the industry average. The Price/Forward Earnings ratio of 7.56 suggests the stock is priced for future growth at a discount. The valuation component of the fundamental report scores 9 out of 10, with notes that the stock is cheaper than 85.71% of its industry peers on a trailing earnings basis.
The "I" (Institutional Sponsorship) criteria is also satisfied. Institutional ownership sits at 69.00%, which is below the 85% upper limit the strategy recommends. This suggests institutions have a meaningful but not overwhelming stake, leaving room for additional buying pressure as more funds discover the stock. The CAN SLIM method favors this dynamic because increasing institutional ownership often drives share prices higher.
The Broader Market and Screening Results
The "M" (Market Direction) component of CAN SLIM advises investors to be cautious in bear markets and aggressive in bull markets. Currently, the S&P 500 is showing a positive long-term and short-term trend, which provides a supportive macro environment for growth stocks. While gold miners are not always correlated with the broad market, the positive backdrop is a green light for the strategy.
For investors looking to repeat this approach, the pre-configured CAN SLIM stock screener used in this analysis is available for direct use. The screener applies filters such as a minimum 20% quarterly EPS growth, 25% sales growth, 75+ relative strength, and a debt-to-equity ratio below 2. You can explore the full list of stocks meeting these criteria and adjust the filters to your own preferences via this link to the CANSLIM High Growth screen.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Always perform your own research and consider consulting a licensed financial advisor before making any investment decisions.
Read full article here »