Magic Formula Investing Weekly Roundup 3/22/2015

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:

Collectors Universe Inc (CLCT)
Mannatech Inc (MTEX)
Penn National Gaming Inc (PENN)

Dropping out of the 50 over 50 million screen:

CTPartners Executive Search Inc (CTP)
Korn/Ferry International (KFY)
Teradata Corp (TDC)

Entering the 50 over 1 billion screen:

Computer Sciences Corp (CSC)
Penn National Gaming Inc (PENN)
Science Applications International Corp (SAIC)

Dropping out of the 50 over 1 billion screen:

Apple Inc (AAPL)
Lannett Co Inc. (LCI)
Oracle Corp (ORCL)

Entering the 30 over 3 billion screen:

Computer Sciences Corp (CSC)
General Dynamics Corp (GD)

Dropping out of the 30 over 3 billion screen:

Gap Inc. (The) (GPS)
Manpower Inc (MAN)

Disclosure: Steve owns no stocks referenced here.

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