wikinvest Sr. Director
|last edit 2469||days ago|
There was not a whole lot of movement in the Magic Formula? Investing (MFI) screens this week, but there were two new names we haven't seen in 2015.
The first new name is Michael Kors (KORS). While its direct competitor Coach (COH) has been in MFI for some time, KORS is what COH was about 4-5 years ago. While growth has slowed down substantially for KORS, it is still a... read more
You remember TiVo (TIVO), right?
Years ago, the company pioneered the digital video recorder (DVR), and forever changed the way people consume television. No longer did we have to make appointments to watch television, fiddle with VCR settings (yes, they still existed back then), or sit through boring and repetitive commercials to watch our favorite shows. Consumers loved... read more
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... read more