What's New In The Magic Recipe Spell This Week?
A healthy amount of turnover in the Magic Recipe Spell this week!
Five positions turned over two of the new entrants - USANA Health and McKesson - entered the screen based on substantial valuation changes due to double-digit declines in their stock prices (in the case of McKesson, over 20%). McKesson's primary competitor, Cardinal Health, also fell over 10%. Rough week for the drug distributors, but they might be worth a look as that industry is a reliable cash-generating one controlled by an oligarchy of just three major players.
Here are your full lists of changes and 10%+ movers for the week.
Tickers dropping out:
Juniper Networks, Inc. (JNPR)
Check Point Software Technologies Ltd. (CHKP)
Greenbrier Companies, Inc. (GBX)
Expeditors International of Washington, Inc. (EXPD)
Sally Beauty Holdings, Inc. (SBH)
Tickers entering:
USANA Health Sciences, Inc. (USNA)
McKesson Corporation (MCK)
DaVita HealthCare Partners Inc. (DVA)
Jazz Pharmaceuticals Plc (JAZZ)
Globus Medical, Inc. Class A (GMED)
10% Movers:
Chicago Bridge & Iron Co. NV (CBI) 15.57%
Cardinal Health, Inc. (CAH) -10.18%
USANA Health Sciences, Inc. (USNA) -11.75%
McKesson Corporation (MCK) -22.93%