Finding Market Leaders: A Dan Zanger Approach to Stock Selection

The CAN SLIM Foundation

Dan Zanger's stock selection process is heavily influenced by William O'Neil's CAN SLIM methodology. He looks for companies with strong current earnings, annual earnings growth, and a new product or service. However, he places a particular emphasis on the "L" in CAN SLIM: leaders. He wants to be in the leading stocks in the leading industries. These are the stocks that are outperforming the market and have the potential for the biggest gains.

Zanger's Modifications

Zanger has adapted the CAN SLIM model to his own aggressive style. He focuses on stocks with a low float, as these are more likely to make explosive moves. He also looks for stocks with low institutional ownership, as this means there is more room for big institutions to buy in and drive the price higher. By combining the core principles of CAN SLIM with his own unique criteria, Zanger has created a effective stock selection machine.