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Magic Formula Investing Weekly Roundup 10/13/2013

Magic Formula Investing (NASDAQ: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:

Herbalife Ltd (NYSE:HLF)
PetMed Express Inc (NASDAQ:PETS)

Dropping out of the 50 over 50 million screen:

Hewlett-Packard Co (NYSE:HPQ)
Altria Group Inc (NYSE:MO)

Entering the 50 over 1 billion screen:

Fluor Corp. (NYSE:FLR)
General Dynamics Corp (NYSE:GD)

Dropping out of the 50 over 1 billion screen:

Abbott Laboratories (NYSE:ABT)
Reynolds American Inc (NYSE:RAI)

Entering the 30 over 3 billion screen:

Fluor Corp. (FLR)
General Dynamics Corp (GD)

Dropping out of the 30 over 3 billion screen:

Reynolds American Inc (RAI)
Exelis Inc (NYSE:XLS)