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Magic Formula Investing Weekly Roundup 8/21/2011

|Includes:ARO, ATVI, BID, CNEP, COOL, DLX, DNB, DV, FCX, GILD, GME, GNI, GTIV, LEA, LLY, LMT, LO, The Medicines Company (MDCO), MPAA, MRK, OSK, PDLI, PRGS, STRA, TTHI, UIS, VCI, VECO

Magic Formula Investing (NASDAQ: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:

Medicines Company (The) (NASDAQ:MDCO)
China North East Petroleum Holdings Ltd (NYSEMKT:NEP)
Oshkosh Corp (NYSE:OSK)
Protein Design Labs Inc (NASDAQ:PDLI)
Strayer Education Inc (NASDAQ:STRA)
Unisys Corp (NYSE:UIS)
Veeco Instruments Inc (NASDAQ:VECO)

Dropping out of the 50 over 50 million screen:

Aeropostale Inc. (NYSE:ARO)
Majesco Entertainment Co (NASDAQ:COOL)
GameStop Corp. (NYSE:GME)
Great Northern Iron Ore Properties (NYSE:GNI)
Gentiva Health Services Inc (NASDAQ:GTIV)
Motorcar Parts of America Inc (NASDAQ:MPAA)
Transition Therapeutics Inc (NASDAQ:TTHI)

Entering the 50 over 1 billion screen:

Aeropostale Inc. (ARO)
Activision Blizzard Inc (NASDAQ:ATVI)
Sotheby's (NYSE:BID)
Cubist Pharmaceuticals Inc (CBST)
Progress Software Corp (NASDAQ:PRGS)
Veeco Instruments Inc (VECO)

Dropping out of the 50 over 1 billion screen:

Deluxe Corp (NYSE:DLX)
Dun & Bradstreet Corp (The) (NYSE:DNB)
Gilead Sciences Inc (NASDAQ:GILD)
Eli Lilly and Co (NYSE:LLY)
Lorillard Inc (NYSE:LO)
Valassis Communications Inc. (NYSE:VCI)

Entering the 30 over 3 billion screen:

Activision Blizzard Inc (ATVI)
Freeport-McMoran Copper & Gold Inc. (NYSE:FCX)
Lear Corp (NYSE:LEA)

Dropping out of the 30 over 3 billion screen:

DeVry Inc (NYSE:DV)
Lockheed Martin Corp (NYSE:LMT)
Lorillard Inc (LO)