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Magic Formula Investing Weekly Roundup 4/6/2014

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 byearnings 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:

Science Applications International Corp (NYSE:SAIC)
USA Mobility Inc (USMO)
Wayside Technology Group (WSTG)

Dropping out of the 50 over 50 million screen:

Chemed Corp (NYSE:CHE)
Nordion Inc (NYSE:NDZ)
Northrop Grumman Corp (NYSE:NOC)

Entering the 50 over 1 billion screen:

Express Inc (NYSE:EXPR)
International Game Technology (NYSE:IGT)

Dropping out of the 50 over 1 billion screen:

CGI Group Inc. (GIB)
Kellogg Co (NYSE:K)

Entering the 30 over 3 billion screen:

Myriad Genetics Inc (MYGN)

Dropping out of the 30 over 3 billion screen:

Quest Diagnostics Inc (NYSE:DGX)

Stocks: SAIC, SPOK, WSTG, CHE, NDZ, NOC, EXPR, IGT, GIB, K, MYGN, DGX