The IBD 50 is the Investor's Business Daily's definitive list of its currently highest-rated stocks according to its proprietary model that looks for companies with positive earnings or trading catalysts. Now, thanks to Innovator management, you can invest directly in the IBD 50 through its new ETF - the Innovator IBD 50 ETF (NYSEARCA:FFTY).
The fund is managed according IBD's proprietary "CAN SLIM" formula, which, according to the fund's fact sheet, "targets companies generating outstanding profit growth, big sales increases, wide profit margins and high return on equity". The system looks for companies with one or more of the following characteristics:
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