A few new names entered the screens this week during the tail end of Q2 earnings reports.
Cherokee (NASDAQ:CHKE) is the first. This company uses a brand licensing strategy for some lower-end brands you've probably heard of, such as Cherokee, Tony Hawk, Carole Little, Liz Lange, and others. We've looked at the company before and thought it had a very efficient business model but also a difficult-to-grow one. It has been a few years, so could be worth a fresh look.
Another stock that has return to MFI after a long hiatus is Select Comfort (SCSS), the maker of the adjustable mattress. The last few times the stock has shown up in MFI have proven to be excellent buying opportunities, could this be a third?
CBS (NYSE:CBS) is the latest "big media" addition to the screens. I continue to feel that the big media stocks are an enticing opportunity at present, trading at some long-term low valuations with less risk than the market perceives.
Here are the full lists of changes:Entering the 50 over 50 million screen:
Syntel Inc (SYNT)