Many New Names In The Magic Formula Screens This Week

Aug. 09, 2015 8:53 AM ETBSQR, MTEX, NHTC, OUTR, EYPT, TPR, HRB, LUMO, NSU-OLD, CLMB, WBD, FOSL, GD, IBM, GTN, PLCM, SNI, AVP, ICON, PSYTF, USNA, VA, WNR, EMR

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This is more like it!

After many months of very low turnover, Q2 earnings season has produced some substantial shakeup and new names in the Magic Formula® screens this week.

There are a few themes here. First, the wipeout in media stocks has brought Discovery (DISCA/DISCK), Scripps (SNI), and Meredith (MDP) back into MFI, joining long time member Viacom (VIAB). More on those later this week.

After a nice run, Outerwall (OUTR) has gapped down over 17%, from the mid-80's down to the mid-60's, over the past couple of weeks. Could it be back in buyable territory?

One truly new name is Polycom (PLCM), a maker of remote collaboration tools for business. While growth has slowed, this is still a nice cash producing firm and possibly worth a look. The stock is down 18% year to date.

Here are the full lists:

Entering the 50 over 50 million screen:

BSQUARE Corp (BSQR)
Mannatech Inc (MTEX)
Natural Health Trends Corp (NHTC)
Outerwall Inc (OUTR)
Psivida Corp (PSDV)

Dropping out of the 50 over 50 million screen:

Coach Inc. (COH)
Block (H&R) Inc. (HRB)
NewLink Genetics Corp (NLNK)
Nevsun Resources Ltd (NSU)
Wayside Technology Group (WSTG)

Entering the 50 over 1 billion screen:

Discovery Communications Inc (DISCA)
Fossil Group Inc (FOSL)
General Dynamics Corp (GD)
International Business Machines (IBM)
Meredith Corp (MDP)
Polycom Inc (PLCM)
Scripps Networks Interactive Inc (SNI)

Dropping out of the 50 over 1 billion screen:

Avon Products Inc. (AVP)
Iconix Brand Group Inc (ICON)
NewLink Genetics Corp (NLNK)
Pason Systems Inc (OTCPK:PSYTF)
USANA Health Sciences Inc (USNA)
Virgin America Inc (VA)
Western Refining Inc (WNR)

Entering the 30 over 3 billion screen:

Discovery Communications Inc (DISCA)
Scripps Networks Interactive Inc (SNI)

Dropping out of the 30 over 3 billion screen:

Emerson Electric Co. (EMR)

Western Refining Inc (WNR)

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