Magic Formula Investing Weekly Roundup 7/31/2010
July 31, 2010
– Comments (0) |
RELATED TICKERS: MHFI
, KBR
, GRMN
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:
ARO - Aeropostale Inc. BDSI - BioDelivery Sciences International Inc
COCO - Corinthian Colleges Inc. CSGS - CSG Systems International Inc.
GRMN - Garmin Ltd KIRK - Kirkland's Inc RTN - Raytheon Co.
TRMS - Trimeris Inc
TSRA - Tessera Technologies Inc VALU - Value Line Inc Dropping out of the 50 over 50 million screen:
AHCI - Allied Healthcare International Inc. CBI - Chicago Bridge & Iron Co. NV CYTK - Cytokinetics Inc ELNK - EarthLink Inc EME - EMCOR Group Inc. ENDP - Endo Pharmaceuticals Holdings Inc IDCC - InterDigital Inc JCOM - j2 Global Communications Inc PDLI - PDL BioPharma Inc VPHM - ViroPharma Inc
Entering the 50 over 1 billion screen:
ABC - AmerisourceBergen Corp
GIB - CGI Group Inc. KBR - KBR Inc MANT - ManTech International Corp
MHP - McGraw-Hill Companies Inc. (The) UIS - Unisys Corp Dropping out of the 50 over 1 billion screen:
DGX - Quest Diagnostics Inc
DNB - Dun & Bradstreet Corp (The) ENDP - Endo Pharmaceuticals Holdings Inc IDCC - InterDigital Inc MCK - McKesson Corp MO - Altria Group Inc
Entering the 30 over 3 billion screen:
GIB - CGI Group Inc. KBR - KBR Inc MHP - McGraw-Hill Companies Inc. (The) OSK - Oshkosh Corp Dropping out of the 30 over 3 billion screen:
DNB - Dun & Bradstreet Corp (The) GD - General Dynamics Corp HRS - Harris Corp
MCK - McKesson Corp