Changes In The Magic Recipe Spell This Week
For the second week in a row, we have 5 new stocks in the Magic Recipe Spell this week.
2 of the new entries- Fitbit (FIT) and L Brands (LB) - also show up as 10% movers on the negative side, their valuations falling deep enough into value territory to catch our screens' attention. Both companies have well-known consumer brands and could be worth a look at current valuations.
Here is the full roundup:
Tickers dropping out:Buckle, Inc. (BKE)
DaVita HealthCare Partners Inc. (DVA)
Western Union Company (WU)
Globus Medical, Inc. Class A (GMED)
PACCAR Inc (PCAR)
Tickers entering:Liberty Broadband Corp. Class A (LBRDA)
Fitbit, Inc. Class A (FIT)
Greenbrier Companies, Inc. (GBX)
L Brands, Inc. (LB)
Juniper Networks, Inc. (JNPR)
10% Movers:L Brands, Inc. (LB) -11.82%
GameStop Corp. Class A (GME) -13.26%
Myriad Genetics, Inc. (MYGN) -16.17%
Akorn, Inc. (AKRX) -19.51%
Fitbit, Inc. Class A (FIT) -35.43%
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