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 8/14/2010 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:
CECO - Career Education CorpELNK - EarthLink Inc
EME - EMCOR Group Inc.
FRX - Forest Laboratories Inc.
PDLI - PDL BioPharma Inc
RST - Rosetta Stone Inc
Dropping out of the 50 over 50 million screen:
AMED - Amedisys IncBDSI - BioDelivery Sciences International Inc
DJCO - Daily Journal Corp
LIWA - Lihua International Inc
PETS - PetMed Express Inc
TRMS - Trimeris Inc
Entering the 50 over 1 billion screen:
ENDP - Endo Pharmaceuticals Holdings IncFRX - Forest Laboratories Inc.
GILD - Gilead Sciences Inc
GYMB - Gymboree Corp (The)
MD - Mednax Inc
TER - Teradyne Inc.
Dropping out of the 50 over 1 billion screen:
DLX - Deluxe CorpFLR - Fluor Corp.
GIB - CGI Group Inc.
MO - Altria Group Inc
MYGN - Myriad Genetics Inc
UIS - Unisys Corp
Entering the 30 over 3 billion screen:
DNB - Dun & Bradstreet Corp (The)DV - DeVry Inc
FRX - Forest Laboratories Inc.
GILD - Gilead Sciences Inc
Dropping out of the 30 over 3 billion screen:
LLY - Eli Lilly and CoLPS - Lender Processing Services Inc
MO - Altria Group Inc
TJX - TJX Companies Inc (The)
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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.
4 days ago
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New Article: Magic Formula Gun Stock Shootout: Smith & Wesson $SWHC vs. Sturm Ruger $RGR http://bit.ly/106rD8p
7 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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