Magic Formula Investing Weekly Roundup 11/21/2010
November 21, 2010
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RELATED TICKERS: HPQ
, LRCX
, DLX
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:
ASYS - Amtech Systems Inc
DLX - Deluxe Corp ELNK - EarthLink Inc GLPW - Global Power Equipment Group Inc
GME - GameStop Corp. MPAA - Motorcar Parts of America Inc Dropping out of the 50 over 50 million screen:
CJJD - China Jo-Jo Drugstores Inc EGY - Vaalco Energy Inc KIRK - Kirkland's Inc KLIC - Kulicke and Soffa Industries Inc
LPS - Lender Processing Services Inc MFW - M & F Worldwide Corp.
Entering the 50 over 1 billion screen:
DLX - Deluxe Corp LRCX - Lam Research Corp
MD - Mednax Inc Dropping out of the 50 over 1 billion screen:
CUB - Cubic Corp GPS - Gap Inc. (The) MMS - MAXIMUS Inc.
Entering the 30 over 3 billion screen:
HPQ - Hewlett-Packard Co
LRCX - Lam Research Corp
Dropping out of the 30 over 3 billion screen:
FLR - Fluor Corp. SAI - SAIC Inc
Calculate Magic Formula statistics for any stock with the MFI Stats Calculator tool.
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