Magic Formula Investing Weekly Roundup 11/14/2010

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November 14, 2010 – Comments (0) | RELATED TICKERS: GILD , GME , FLR

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:

CNU - Continucare Corp
EGY - Vaalco Energy Inc
FRX - Forest Laboratories Inc.
KLIC - Kulicke and Soffa Industries Inc
MFW - M & F Worldwide Corp.
VALU - Value Line Inc
ZLCS - Zalicus Inc

Dropping out of the 50 over 50 million screen:

ANSW - Answers Corp
CRME - Cardiome Pharma Corp
GTIV - Gentiva Health Services Inc
GXDX - Genoptix Inc
JCG - J Crew Group Inc
SNTA - Synta Pharmaceuticals Corp
TNDM - Neutral Tandem Inc

Entering the 50 over 1 billion screen:

CUB - Cubic Corp
DELL - Dell Inc
FRX - Forest Laboratories Inc.
GILD - Gilead Sciences Inc
MMS - MAXIMUS Inc.

Dropping out of the 50 over 1 billion screen:

BKE - Buckle Inc. (The)
BLUD - Immucor Inc
GIB - CGI Group Inc.
UIS - Unisys Corp
WTW - Weight Watchers International Inc.

Entering the 30 over 3 billion screen:

FLR - Fluor Corp.
FRX - Forest Laboratories Inc.
GILD - Gilead Sciences Inc
GME - GameStop Corp.

Dropping out of the 30 over 3 billion screen:

BIIB - Biogen Idec Inc
GCI - Gannett Co Inc.
GIB - CGI Group Inc.
LXK - Lexmark International Inc.