Magic Formula Investing Weekly Roundup 1/29/2012
January 29, 2012
– Comments (2) |
RELATED TICKERS: AAPL
, DISH
, ORCL
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:
InterDigital Inc (IDCC)
Korn/Ferry International (KFY)ManTech International Corp (MANT)SanDisk Corp (SNDK)
Dropping out of the 50 over 50 million screen:
Nevsun Resources Ltd (NSU)
PetMed Express Inc (PETS)Tessera Technologies Inc (TSRA)
USANA Health Sciences Inc (USNA)
Entering the 50 over 1 billion screen:
Apple Inc (AAPL)
Analog Devices Inc. (ADI)InterDigital Inc (IDCC)
j2 Global Communications Inc (JCOM)
Eli Lilly and Co (LLY)Valassis Communications Inc. (VCI)
Dropping out of the 50 over 1 billion screen:
BMC Software Inc (BMC)Gannett Co Inc. (GCI)Lam Research Corp (LRCX)Meredith Corp (MDP)
Sauer-Danfoss Inc (SHS)
Teradyne Inc. (TER)
Entering the 30 over 3 billion screen:
Apple Inc (AAPL)
DISH Network Corp (DISH)
Oracle Corp (ORCL)
Pitney Bowes Inc. (PBI)
Dropping out of the 30 over 3 billion screen:
Accenture, Ltd. (ACN)
BMC Software Inc (BMC)
Intel Corp (INTC)
Lam Research Corp (LRCX)