CAN SLIM is a growth stock investing strategy that uses a combination of fundamental and technical analysis techniques to identify companies with strong earnings growth potential.1 The acronym CAN SLIM stands for seven key characteristics that investors should look for when selecting growth stocks.12 These characteristics include current quarterly earnings per share growth, annual earnings increases over the last five years, new products or management that can drive the company's stock price higher, scarcity of supply and strong demand for the stock, and institutional sponsorship.1 CAN SLIM was developed by William J. O'Neil, the founder of Investor's Business Daily, and has been used by investors for decades to identify top-performing growth stocks.13