Magic Formula Investing Weekly Roundup 10/7/2012
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:
KLA-Tencor, Inc. (KLAC)Momenta Pharmaceuticals Inc (MNTA)
SAIC Inc (SAI)
Towers Watson & Co (TW)
Dropping out of the 50 over 50 million screen:
CF Industries Holdings Inc (CF)Lender Processing Services Inc (LPS)
Ubiquiti Networks Inc (UBNT)
USANA Health Sciences Inc (USNA)
Entering the 50 over 1 billion screen:
ADTRAN Inc (ADTN)Buckle Inc. (The) (BKE)
Dropping out of the 50 over 1 billion screen:
Herbalife Ltd (HLF)Kronos Worldwide Inc (KRO)
Entering the 30 over 3 billion screen:
Intel Corp (INTC)Dropping out of the 30 over 3 billion screen:
Coach Inc. (COH)
Joel Greenblatt and MagicFormulaInvesting.com are not associated in any way with this website. Neither Mr. Greenblatt or MagicFormulaInvesting.com endorse this website's investment opinions, strategy, or products. Investment recommendations on this website are not chosen by Mr. Greenblatt, nor are they based on Mr. Greenblatt's proprietary investment model, and are not chosen by MagicFormulaInvesting.com. Magic Formula® is a registered trademark of MagicFormulaInvesting.com, which has no connection to this website. The information on this website is for informational purposes only and solely represents the views and opinions of the author. No warranty is provided or implied as to the accuracy, completeness, or timeliness of this information. This information may not be construed as investment advice of any kind. The proprietor of this website is not responsible in any way for losses or damages resulting from the use of this information. Alexander Online Properties is not a registered investment advisor. All logos are trademarked properties of their respective companies.
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