The founder and editor of MagicDiligence.com, a website dedicated to researching and recommending only the best stocks in Joel Greenblatt's Magic Formula Investing screen.
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:
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Magic Formula Investing Weekly Roundup 12/5/2010 0 comments
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:
Cardiome Pharma Corp (CRME)Dell, Inc. (DELL)
LHC Group Inc (LHCG)
Dropping out of the 50 over 50 million screen:
EMCOR Group Inc. (EME)Global Power Equipment Group Inc (GLPW)
Zalicus Inc (ZLCS)
Entering the 50 over 1 billion screen:
Altria Group Inc (MO)Power-One Inc. (PWER)
Unisys Corp (UIS)
Dropping out of the 50 over 1 billion screen:
Arris Group Inc (ARRS)Broadridge Financial Solutions Inc (BR)
ManTech International Corp (MANT)
Entering the 30 over 3 billion screen:
Mednax Inc. (MD)Altria Group Inc (MO)
Time Warner Inc (TWX)
Dropping out of the 30 over 3 billion screen:
Gap Inc. (The) (GPS)KBR Inc (KBR)
Eli Lilly and Co (LLY)
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Dex Media $DXM new to MFI. Combination of Dex One and Supermedia, two stocks I never liked. Don't like this one, either.
2 days ago
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New Article: Magic Formula Gun Stock Shootout: Smith & Wesson $SWHC vs. Sturm Ruger $RGR http://bit.ly/106rD8p
5 days ago
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Tobacco firms starting to creep back into Magic Formula. Last week Vector Group $VGR and Reynolds $RAI showed up on 50 over 1 billion screen
May 12, 2013
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