wikinvest Sr. Director
|last edit 2344||days ago|
When reviewing a deep value screen like Magic Formula® Investing (MFI), it always piques the interest to discover a company that has 5-year compound annual revenue growth of 34% and operating income growth of 112%!
Nevertheless, these kinds of stocks DO appear, and when they do they can frequently deliver HUGE gains, as investors benefit from the "double play" of a... read more
Time for the weekly round-up of changes to the 3 Magic Formula? screens used by MagicDiligence!
This was a fairly uneventful week (as will be the next 2-3 weeks, likely). Most of the activity was on the fringes of the screens, with only a few notable new or potentially interesting stocks. Mesabi Trust (MSB) hasn't shown up in a while, but it is mainly an income play paying... read more
For value investors, determining when to buy a stock is relatively straightforward.
The recipe for a successful purchase is described in the value investor's "Bible", and Warren Buffett's favorite investing book of all time, Benjamin Graham's The Intelligent Investor.
The recipe is thus... One, determine a "fair value" for the security, based on its... read more