MagicDiligence's  Instablog

Magic Formula Investing (MFI), as described by hedge fund manager Joel Greenblatt inThe 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:

Cumberland Pharmaceuticals Inc (CPIX)
Metabolix Inc (MBLX)
SilverCrest Mines Inc (SVLC)

Dropping out of the 50 over 50 million screen:

Almost Family Inc (AFAM)
Herbalife Ltd (HLF)
PetMed Express Inc (PETS)

Entering the 50 over 1 billion screen:

Buckle Inc. (The) (BKE)
Quality Systems Inc. (QSII)

Dropping out of the 50 over 1 billion screen:

Intel Corp (INTC)
Lockheed Martin Corp (LMT)

Entering the 30 over 3 billion screen:

Dropping out of the 30 over 3 billion screen: