MagicDiligence
Magic Recipe 0.10%
Deep Value 0.23%
Star List 0.37%
S&P -0.16%
Today's Performance (see long-term performance)

Magic Formula Links 8/24/2011

Clearly all of the buzz this evening has been around the announcement of Steve Jobs stepping down as Apple's (AAPL) CEO. While Apple is not currently a Magic Formula stock, the news is both significant from a business and personal standpoint. I for one, as an iPhone-touting, iPad-reading, Macbook Air-using Apple "fanboy", thank him for everything he has accomplished and wish him and family the best going forward.

Now, onto Magic Formula news...

Applied Materials (AMAT) Reports Earnings

Applied Materials, the world's largest semiconductor equipment firm, reported better-than-expected earnings but lower-than expected guidance. A few key points. One, foundries seem to be dramatically reducing equipment orders, which will probably affect other MFI stocks like KLA-Tencor (KLAC) and Nova Instruments (NVMI) as well. On the other hand, they were bullish on solar, boding well for GT Advanced Tech (GTAT) and Power-One (PWER)

AMAT Sees Weak PC, Electronics Sales Hitting Capital Spending

Applied Materials Forecasts Fourth Quarter Sales, Profit Below Estimates

The Rest...

Other interesting articles concerning MFI stocks today:

GT Advanced Technologies Acquires Confluence Solar

McGraw-Hill Seen Returning 40% More in Pieces

Meet the Man Who Will Lead S&P

Par Pharma to Buy Generics Rival Anchen

GameStop: The Anti-Blockbuster, Anti-Netflix

SanDisk: Goldman Sees Caution, But Favorable Supply Situation

Who Would Buy Hewlett-Packard's PC Business?

Get unlimited access to the our EXCLUSIVE collection of useful, simple and effective stock screening tools! Our Spells offer 'Magic'-style ranking screens for Magic Formula, value, and growth investors. Our Spell Caster screener lets you create the 'Magic'-style screen of your dreams. Our Business Model Diligence reviews tell you our opinion of the quality of the businesses underlying your screened stocks. And much more, all for the lowest price in the investing world!
Become a MagicDiligence Member Today!

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, nor can it be relied upon as the basis for stock trades. DON'T RELY SOLELY ON THIS WEBSITE'S INFORMATION OR STATISTICS! Please do your own research before buying. Alexander Online Properties LLC, 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 LLC is not a registered investment advisor. All logos are trademarked properties of their respective companies.

© 2008-2017 Alexander Online Properties LLC