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MagicDiligence researches and recommends the most attractive value stock investing opportunities from Joel Greenblatt's Magic Formula Investing and similar screens. We use fundamental (and some technical) analysis to find equities of great companies with growth potential, outstanding management,... More
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  • Magic Formula Investing Weekly Roundup 9/30/2012 1 comment
    Sep 30, 2012 9:05 AM | about stocks: CF, RPXC, USNA, VECO, DHX, DRCO, FRX, KLAC, JOY, KRO, UTHR, ABC, GPN, VCI, COH, DNB, IPG, INTC

    Magic Formula Investing (MFI), as described by hedge fund manager Joel Greenblatt in The Little Book that Beats the Market, consists of ranking stocks by earnings yield (cheap) and return on capital (quality), adding the rankings together, and buying from the resulting lists. Below are stocks that have moved into, and dropped out of, 3 of the MFI screens used by MagicDiligence:

    Entering the 50 over 50 million screen:

    CF Industries Holdings Inc (CF)
    RPX Corp (RPXC)
    USANA Health Sciences Inc (USNA)
    Veeco Instruments Inc (VECO)

    Dropping out of the 50 over 50 million screen:

    Dice Holdings Inc (DHX)
    Dynamics Research Corp (DRCO)
    Forest Laboratories Inc. (FRX)
    KLA-Tencor, Inc. (KLAC)

    Entering the 50 over 1 billion screen:

    Joy Global Inc (JOY)
    Kronos Worldwide Inc (KRO)
    United Therapeutics Corp (UTHR)

    Dropping out of the 50 over 1 billion screen:

    AmerisourceBergen Corp (ABC)
    Global Payments Inc. (GPN)
    Valassis Communications Inc. (VCI)

    Entering the 30 over 3 billion screen:

    Coach Inc. (COH)
    Dun & Bradstreet Corp (The) (DNB)
    Interpublic Group of Companies Inc. (The) (IPG)

    Dropping out of the 30 over 3 billion screen:

    Global Payments Inc. (GPN)
    Intel Corp (INTC)
    United Therapeutics Corp (UTHR)

    A MagicDiligence Membership gives you full access to the best stocks that Magic Formula Investing has to offer. Professional quality research, formal stock recommendations, timely updates, and exclusive investing tools are all at your fingertips, at one of the lowest prices in the entire investment world. Click here to learn more!

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Comments (1)
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  • Hi,
    I know the screen is "Dropping out of 50 over 50M", but it makes it look like some stocks are no longer MFI. For example, KLAC is still MFI but it now comes up in the 60M screen. So yes, it dropped from one screen, but still is MFI and in a different screen.

     

    Jay
    1 Oct 2012, 02:56 PM Reply Like
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