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Changes In The Magic Formula Screens For Week Of 4/13/2014

|Includes:Capella Education Company (CPLA), EXPR, IGT, MO, NOC, PM, SAIC, STRZA, SYMC, SYNT, VIAB

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:

Capella Education Co (NASDAQ:CPLA)
Northrop Grumman Corp (NYSE:NOC)

Dropping out of the 50 over 50 million screen:

Altria Group Inc (MO)
Science Applications International Corp (NYSE:SAIC)

Entering the 50 over 1 billion screen:

Starz (NASDAQ:STRZA)
Syntel Inc (NASDAQ:SYNT)
Viacom Inc (NASDAQ:VIAB)

Dropping out of the 50 over 1 billion screen:

Express Inc (NYSE:EXPR)
International Game Technology (NYSE:IGT)
Philip Morris International Inc (NYSE:PM)

Entering the 30 over 3 billion screen:

Syntel Inc (SYNT)

Dropping out of the 30 over 3 billion screen:

Symantec Corp (NASDAQ:SYMC)

Stocks: CPLA, NOC, MO, SAIC, STRZA, SYNT, VIAB, EXPR, IGT, PM, SYMC