Magic Formula Investing Weekly Roundup 8/14/2010

Recs

1

Report

August 14, 2010 – Comments (0) | RELATED TICKERS: FRX , GILD , DV

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 Corp
ELNK - 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 Inc
BDSI - 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 Inc
FRX - 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 Corp
FLR - 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 Co
LPS - Lender Processing Services Inc
MO - Altria Group Inc
TJX - TJX Companies Inc (The)