New Spell Stocks! New Business Reviews!
Starting with the turnover in the Magic Recipe. There were no 10% movers in either direction this week. Gentex is the first new entry, a company that dominates self-dimming rearview mirror sales to the automotive market. Nomad Foods makes frozen foods, including the Bird's Eye and Iglo brands you may have seen in your grocer's freezer aisle. West Corp provides a variety of communication services including conferencing, 9-1-1 services, and automated call center services. And of course Gap needs little introduction...
Here is the list of changes for Magic Recipe:
Tickers dropping out:Argan, Inc. (AGX)
Akorn, Inc. (AKRX)
Herman Miller, Inc. (MLHR)
AbbVie, Inc. (ABBV)
Tickers entering:Gentex Corporation (GNTX)
Nomad Foods Ltd. (NOMD)
Gap, Inc. (GPS)
West Corporation (WSTC)
10% Movers:(none this week)
Business Model Diligence Additions
Since launching Business Model Diligence with 25 reviews, we've been steadily adding new ones over the past couple of weeks and plan to continue adding new "BMDs" regularly. Here is a list of stocks with reviews added since launch. Check them out to see if give the business model a "red", "yellow", or "green" rating of attractiveness!Ubiquiti Networks (UBNT)
Express Scripts (ESRX)
Palo Alto Networks (PANW)
Ellie Mae (ELLI)
Sturm Ruger (RGR)
American Eagle Outfitters (AEO)
Chicago Bridge & Iron (CBI)
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