CANSLIM Stock Screen

Atlantis Plastics (ATPL) is having a good day, and I'm glad to see it. If you can recall, this stock was found in our January CANSLIM stock screen. Today's special dividend announcement is a nice little bonus for those of you who are long the stock.

Many of you have requested that I fire up this popular screen once more, to identify new long-term investment ideas. As you may recall, this stock screen is based loosely on William J. O’Neil’s CANSLIM stock selection strategy with the goal to identify potential ten-baggers, or stocks with the potential to soar at least ten times in value. My variance to this screen is that I narrow the selections down by focusing only on stocks well-off the beaten path. In my view, the less these companies are "discovered," the more upside potential as investors discover them.

So, what does the screen turn up now? The research candidates currently include AMREP (AXR), BP Prudhoe Bay Royalty Trust (BPT), Eastern Company (EML), Knightsbridge Tankers (VLCCF), Patriot Transportation (PATR), Rush Enterprises (RUSHB), & Sun Hydraulics (SNHY). There are some high quality names in this list and if you're one to have a longer-term time horizon, versus the short-term trading focus I frequently write about, then take some time to get to know each of these stocks. If you're like me, usually there are one or two stocks that will fit well in your long-term portfolios. In addition, and this is highly unusual, one of the stocks - Sun Hydraulics (SNHY) is on today's winner's list and is trading at a new 52-week high.