Top 200 List - February 7th, 2014

Top 200 List

I decided to use this weekend to update my list.  It is never too early to start looking forward to my next tranche (May 6th, 2014) as I approach new tranche.  We had a surprising amount of snow here this past week, a bit over a foot.. As my readers know, I like to replicate the official MFI site (Magic Formula Investing) every now and then.  I add a few extra elements such as (1) country, (2) yahoo yield, (3) my calculated stats, (4) ranking and (5) 200 stocks.

If anyone could think of any other stats that might be interesting, then let me know.  I did add this time price to book value.  The data is from FINVIZ.  I would actually prefer price to tangible book, if anyone knows where to get that (I am too lazy to calculate it) then please let me know.

I think my approach is pretty darned accurate.  I use Compustat as well and formulas that were devised by a team on the Yahoo Groups board and detailed in my blog (MFI Diary: The Calculation).  I also cross reference my list with the official top 50 and they are almost always within my top 100 (I have more on my list as I do not exclude some stocks the official site excludes, such as some stocks in other countries).

Be aware that this is all formula driven, the dividend yields should definitely be verified as they come from Yahoo Finance which is not always reliable.  The main financials (from Compustat) have seemed very reliable to me.

Ticker	Rank	Stock Price	Market Cap	Earnings Yield	ROIC	Dividend Yield	P/B	Country
PDLI	1	8.39	1,297	30%	828081%	7.5%	22.7	USA
TTWO	2	18.65	2,085	31%	1283%	0.0%	3.1	USA
AGX	3	27.56	396	21%	1367%	2.7%	2.7	USA
GAME	4	6.47	1,736	14%	757%	0.0%	1.5	China
TNH	5	159.08	2,943	19%	271%	0.0%	11.4	USA
EBIX	6	14.12	543	13%	812%	0.5%	1.3	USA
MYGN	7	32.23	2,476	14%	447%	0.0%	2.5	USA
USMO	8	13.88	304	18%	202%	3.6%	1.2	USA
CYOU	9	29.95	1,598	29%	149%	0.0%	2.0	China
PFMT	10	7.76	385	16%	212%	0.0%	8.1	USA
WTW	11	29.08	1,643	12%	548%	1.8%	-	USA
AVG	12	16.40	904	12%	682%	0.0%	36.9	Netherlands
CSCO	13	22.67	123,098	12%	359%	3.0%	2.0	USA
USNA	14	66.03	952	14%	197%	0.0%	4.3	USA
RPXC	15	15.49	837	11%	1461%	0.0%	2.1	USA
RCII	16	25.49	1,357	11%	422%	3.4%	1.3	USA
GME	17	35.50	4,193	16%	133%	3.1%	2.7	USA
APOL	18	33.18	3,781	18%	119%	0.0%	2.7	USA
ESI	19	29.39	688	26%	100%	0.0%	4.1	USA
BAH	20	18.34	2,730	12%	194%	13.2%	6.9	USA
BPI	21	17.25	973	18%	113%	0.0%	1.7	USA
UIS	22	32.10	1,647	15%	119%	0.0%	-	USA
MSFT	23	36.56	306,921	11%	248%	2.7%	3.8	USA
QCOR	24	65.01	4,036	10%	1198%	1.8%	8.1	USA
NTES	25	72.83	9,592	11%	532%	0.0%	3.3	China
AAPL	26	519.68	468,467	11%	318%	2.4%	4.0	USA
RGR	27	73.96	1,475	12%	164%	3.0%	9.4	USA
CTCM	28	11.44	1,786	13%	115%	5.5%	3.0	Russia
COH	29	47.56	13,390	12%	143%	2.8%	6.7	USA
GTIV	30	10.71	338	13%	119%	0.0%	8.5	USA
STRA	31	36.11	381	22%	85%	0.0%	6.3	USA
LO	32	49.52	18,410	10%	666%	4.5%	-	USA
BKE	33	44.03	2,113	13%	106%	1.8%	6.7	USA
NSR	34	34.99	2,239	11%	166%	0.0%	5.0	USA
IQNT	35	11.03	359	14%	100%	13.2%	3.4	USA
LQDT	36	24.61	804	10%	604%	0.0%	2.3	USA
SWHC	37	12.52	764	19%	82%	2.0%	6.1	USA
HLF	38	67.37	7,261	10%	284%	1.8%	17.3	Cayman Islands
CHE	39	79.70	1,476	10%	189%	1.0%	3.3	USA
MO	40	35.30	70,318	10%	399%	5.3%	19.0	USA
NUS	41	71.83	4,418	11%	129%	1.7%	10.5	USA
SNDK	42	71.61	16,672	10%	141%	0.0%	2.4	USA
NOC	43	114.97	25,891	11%	111%	2.1%	2.8	USA
MANT	44	28.43	1,057	15%	75%	3.0%	0.9	USA
NTI	45	25.00	2,298	14%	78%	14.4%	5.6	USA
SAIC	46	36.52	1,753	12%	84%	0.0%	4.9	USA
CRUS	47	18.02	1,178	19%	68%	0.0%	2.1	USA
CA	48	32.17	14,412	9%	472%	3.2%	2.6	USA
GA	49	11.13	2,757	9%	375%	5.8%	4.7	China
PRSC	50	25.52	359	10%	134%	0.0%	2.5	USA
WNR	51	37.54	3,856	22%	64%	1.4%	3.7	USA
DHX	52	6.71	362	9%	243%	0.0%	2.2	USA
RAI	53	48.76	26,557	9%	275%	5.2%	5.3	USA
XLS	54	19.25	3,711	14%	71%	2.2%	2.7	USA
ETM	55	9.47	361	11%	103%	0.0%	1.4	USA
ORCL	56	37.19	171,074	9%	475%	1.0%	3.9	USA
VLO	57	48.82	26,460	14%	70%	1.8%	1.5	USA
DGX	58	50.80	7,417	11%	103%	2.4%	2.1	USA
ATVI	59	19.64	14,867	9%	994%	1.1%	1.7	USA
EGL	60	39.30	698	13%	73%	0.0%	1.5	USA
APEI	61	42.31	756	11%	84%	0.0%	3.7	USA
ALDW	62	14.53	908	23%	59%	18.8%	7.8	USA
FLR	63	77.21	12,728	10%	114%	0.8%	3.4	USA
VGR	64	18.15	1,656	9%	302%	8.6%	-	USA
CF	65	234.06	13,458	17%	58%	1.0%	2.6	USA
HPQ	66	29.07	56,396	12%	71%	2.0%	2.0	USA
K	67	58.36	21,243	11%	77%	3.1%	7.7	USA
EXPR	68	17.19	1,454	16%	58%	0.0%	3.9	USA
PM	69	80.25	128,240	9%	201%	4.6%	-	USA
TDC	70	40.95	6,732	9%	217%	0.0%	3.9	USA
BR	71	37.19	4,615	9%	222%	2.2%	5.6	USA
REV	72	22.81	1,194	9%	120%	0.0%	-	USA
PBI	73	25.47	5,174	9%	147%	3.7%	#####	USA
CPLA	74	62.10	782	9%	142%	0.6%	4.5	USA
VIAB	75	81.92	37,192	9%	220%	1.5%	7.8	USA
FRAN	76	18.98	835	10%	92%	0.0%	10.6	USA
TEO	77	15.63	3,055	32%	48%	2.1%	1.8	Argentina
SYMC	78	20.90	14,672	9%	127%	0.0%	2.9	USA
CRWN	79	2.97	1,068	9%	121%	0.0%	3.4	USA
HRS	80	70.92	7,610	10%	74%	2.3%	4.5	USA
NSP	81	32.40	806	10%	78%	2.1%	3.6	USA
BBBY	82	64.11	13,612	13%	55%	0.0%	4.2	USA
IGT	83	14.74	3,763	11%	72%	2.6%	3.6	USA
HFC	84	44.97	8,972	23%	47%	7.3%	1.6	USA
PBH	85	27.38	1,436	8%	261%	0.0%	3.4	USA
STRZA	86	28.87	3,479	9%	109%	0.0%	35.4	USA
HRB	87	29.66	8,124	8%	236%	2.7%	8.4	USA
SCSS	88	16.65	921	11%	70%	0.0%	5.2	USA
MED	89	26.67	371	10%	73%	0.0%	3.2	USA
NDZ	90	9.61	596	11%	59%	0.0%	1.4	Canada
UTHR	91	97.66	5,243	9%	100%	0.0%	4.3	USA
CATO	92	27.79	799	16%	48%	0.7%	2.4	USA
RTN	93	94.27	30,129	8%	151%	1.8%	3.2	USA
TZOO	94	22.14	334	8%	294%	0.0%	9.1	USA
FF	95	15.56	675	16%	47%	4.5%	2.2	USA
TUP	96	77.15	3,973	9%	137%	3.3%	17.6	USA
JCOM	97	45.92	2,126	8%	539%	2.2%	3.4	USA
MDP	98	44.33	2,022	9%	113%	3.7%	2.7	USA
JOY	99	54.79	5,809	14%	48%	1.3%	2.1	USA
TWX	100	63.91	59,072	9%	105%	#VALUE!	2.1	USA
BBY	101	24.55	8,565	17%	45%	2.9%	3.7	USA
STX	102	49.52	17,134	10%	71%	0.0%	5.5	Ireland
FCN	103	36.20	1,415	11%	59%	0.0%	1.5	USA
THO	104	52.40	2,793	9%	83%	0.0%	3.4	USA
SAVE	105	46.00	3,358	8%	151%	0.0%	4.8	USA
DOX	106	43.34	7,014	8%	122%	1.2%	2.0	Channel Islands
REGI	107	10.34	352	60%	42%	0.0%	0.7	USA
CSGS	108	26.88	909	9%	81%	1.7%	2.6	USA
ITRN	109	21.65	454	9%	80%	3.8%	5.2	Israel
KFY	110	22.72	1,109	9%	89%	0.0%	1.8	USA
SGU	111	5.53	318	16%	44%	0.0%	1.2	USA
WDC	112	84.68	20,577	11%	57%	1.3%	2.4	USA
CO	113	3.98	291	21%	42%	0.0%	1.5	Hong Kong
DPS	114	48.89	10,008	9%	94%	3.2%	4.2	USA
SYNT	115	82.34	3,449	8%	128%	0.0%	6.0	USA
OSK	116	53.66	4,654	11%	56%	0.3%	2.0	USA
CODI	117	17.63	852	11%	51%	8.2%	1.8	USA
SPLS	118	13.07	8,561	15%	44%	0.0%	1.7	USA
LH	119	89.15	7,872	10%	68%	0.0%	3.2	USA
ROST	120	69.36	14,899	9%	73%	1.0%	8.1	USA
GDOT	121	21.63	828	9%	87%	0.0%	2.3	USA
EMC	122	24.49	51,772	8%	120%	1.2%	2.3	USA
LXK	123	39.44	2,512	14%	42%	3.0%	1.7	USA
KLAC	124	62.24	10,469	9%	77%	2.8%	3.0	USA
NCI	125	17.55	891	10%	62%	0.0%	1.6	USA
FL	126	38.67	5,781	13%	45%	2.1%	2.5	USA
IILG	127	27.07	1,570	8%	248%	1.2%	5.4	USA
LMT	128	155.13	50,619	8%	97%	3.2%	37.0	USA
NCR	129	32.07	5,478	10%	59%	0.0%	3.7	USA
PIR	130	18.89	1,978	11%	49%	1.1%	4.6	USA
WHR	131	136.55	10,910	11%	47%	1.8%	2.7	USA
MSI	132	64.60	16,874	8%	97%	1.8%	6.5	USA
ACN	133	80.58	56,243	7%	491%	2.2%	10.5	Ireland
ERIC	134	12.41	40,469	10%	54%	3.5%	1.9	Sweden
IPG	135	16.60	7,073	8%	135%	1.8%	3.6	USA
EXLS	136	25.45	864	8%	94%	0.0%	2.5	USA
SAP	137	76.69	91,721	7%	280%	1.5%	4.9	Germany
CBZ	138	8.50	417	10%	57%	#VALUE!	1.2	USA
MDT	139	55.59	56,113	9%	74%	2.0%	3.1	USA
TRW	140	72.87	9,050	12%	43%	#VALUE!	2.3	USA
OMC	141	74.20	19,285	7%	247%	2.2%	5.7	USA
BTI	142	96.99	93,207	8%	111%	4.4%	8.9	United Kingdom
CSC	143	60.06	8,971	11%	45%	1.4%	2.5	USA
SEM	144	10.27	1,405	11%	49%	3.8%	2.0	USA
LEA	145	74.88	6,208	12%	42%	0.9%	2.3	USA
NVDA	146	15.87	9,343	8%	84%	2.0%	2.1	USA
MLHR	147	26.91	1,586	9%	73%	1.9%	5.1	USA
PETM	148	64.93	6,802	10%	54%	1.1%	6.2	USA
CVRR	149	21.21	3,131	21%	36%	15.2%	2.0	USA
MAN	150	75.69	6,116	10%	50%	1.2%	2.4	USA
RIOM	151	2.23	396	23%	35%	0.0%	#N/A	Canada
HITT	152	54.88	1,711	9%	71%	0.0%	3.1	USA
PLT	153	42.13	1,821	10%	55%	1.0%	2.9	USA
PRIS	154	2.13	538	8%	80%	0.0%	0.2	Spain
WSTC	155	23.38	1,989	10%	54%	3.9%	-	USA
ENDP	156	69.49	8,357	8%	145%	0.0%	5.8	USA
FWLT	157	30.43	3,001	8%	79%	0.0%	4.3	Switzerland
VMI	158	145.58	3,919	12%	40%	0.8%	2.6	USA
EC	159	35.04	72,036	15%	37%	9.1%	2.5	Colombia
TJX	160	59.43	43,034	8%	87%	0.0%	11.0	USA
CACI	161	71.96	1,820	9%	70%	0.0%	1.4	USA
CROX	162	15.17	1,349	12%	41%	0.0%	2.1	USA
HSNI	163	54.95	2,988	9%	64%	1.4%	6.9	USA
LHCG	164	23.60	405	10%	47%	0.0%	1.4	USA
LNN	165	92.93	1,204	10%	53%	0.6%	2.8	USA
GSK	166	52.84	128,956	8%	81%	4.6%	12.3	United Kingdom
NCMI	167	18.30	1,041	7%	336%	4.8%	-	USA
CHRW	168	52.39	7,918	8%	88%	2.7%	9.1	USA
ZUMZ	169	21.84	661	13%	37%	0.0%	2.4	USA
AGCO	170	51.02	5,087	17%	35%	0.8%	1.5	USA
MAT	171	36.94	12,678	9%	60%	3.9%	5.4	USA
YONG	172	6.63	336	53%	33%	2.3%	0.6	China
MBT	173	18.08	17,981	13%	38%	5.3%	5.4	Russia
ARDNA	174	126.44	388	9%	68%	0.8%	6.8	USA
RECN	175	13.21	523	9%	57%	2.0%	1.7	USA
DTV	176	70.28	38,303	9%	58%	0.0%	-	USA
ACM	177	28.79	2,810	10%	45%	0.0%	1.4	USA
QLGC	178	11.23	979	11%	40%	0.0%	1.5	USA
FICO	179	51.00	1,827	7%	216%	0.2%	4.1	USA
STO	180	25.40	80,780	29%	33%	0.0%	1.4	Norway
ICFI	181	33.76	681	9%	57%	0.0%	1.5	USA
BRCD	182	9.45	4,349	8%	71%	0.0%	1.7	USA
KLIC	183	11.49	872	19%	34%	0.0%	1.4	USA
GEOS	184	70.97	923	12%	38%	0.0%	4.1	USA
USPH	185	30.67	372	8%	95%	1.3%	3.3	USA
CDW	186	23.55	3,928	8%	76%	0.2%	5.9	USA
MHFI	187	79.97	22,232	7%	617%	1.5%	21.7	USA
SWK	188	78.80	12,545	9%	65%	0.0%	1.8	USA
IGTE	189	31.86	1,928	8%	66%	0.0%	97.8	USA
NTL	190	16.97	1,809	42%	32%	7.0%	2.1	Argentina
ACET	191	17.79	506	11%	42%	1.1%	3.1	USA
PRGS	192	24.05	1,266	7%	138%	0.0%	2.7	USA
ICON	193	37.25	2,153	7%	385%	0.0%	2.2	USA
GPN	194	65.96	4,796	7%	109%	0.1%	4.6	USA
DEST	195	26.33	357	12%	38%	2.8%	3.3	USA
VIV	196	18.99	14,089	17%	33%	5.7%	1.2	Brazil
CAH	197	67.54	23,369	8%	71%	1.3%	3.6	USA
PLUS	198	57.04	455	13%	35%	0.0%	1.8	USA
TGA	199	7.19	544	30%	31%	0.0%	1.3	Canada
AVD	200	23.50	679	10%	43%	0.9%	2.7	USA

The price to book (in my opinion) is interesting.  Note that some pretty highly rated stocks such as WTW and LO actually have a "-", meaning they have a book value below 0.  I do not know about other people here, but I have trouble owning a company with a negative book value.

Here is the Cross Reference List.  This is always a difficult time of year to run these calculations as we're in the midst of earnings season, so data in Compustat can be changing significantly daily. After a couple of runs where I had a few mis matches, this one looks perfect!  I think #64 (NSR) is the highest, and a "50" would be perfect.

Ticker	Mkt Cap	Date	My Ranking
ATVI	13,649.80	7-Feb	59
MO	70,369.84	7-Feb	40
APEI	748.00	7-Feb	61
APOL	3,738.96	7-Feb	18
AAPL	463,786.90	7-Feb	26
AGX	391.27	7-Feb	3
BAH	2,649.89	7-Feb	20
BKE	2,127.93	7-Feb	33
CA	14,256.81	7-Feb	48
CHE	1,397.70	7-Feb	39
CRUS	1,132.63	7-Feb	47
CSCO	121,919.30	7-Feb	13
COH	13,200.37	7-Feb	29
DHX	365.71	7-Feb	52
EBIX	536.40	7-Feb	6
EGL	676.79	7-Feb	60
ETM	366.83	7-Feb	55
XLS	3,634.40	7-Feb	54
FLR	12,605.46	7-Feb	63
GME	4,125.10	7-Feb	17
GTIV	336.18	7-Feb	30
HLF	6,824.58	7-Feb	38
IQNT	355.07	7-Feb	35
ESI	686.84	7-Feb	19
LQDT	792.44	7-Feb	36
LO	18,272.88	7-Feb	32
MANT	1,056.72	7-Feb	44
MSFT	303,448.00	7-Feb	23
MYGN	2,681.28	7-Feb	7
NSR	2,134.39	7-Feb	34
NOC	25,017.36	7-Feb	43
NUS	4,202.06	7-Feb	41
PDLI	1,422.72	7-Feb	1
PFMT	373.71	7-Feb	10
PRSC	343.86	7-Feb	50
DGX	7,178.04	7-Feb	58
QCOR	3,950.53	7-Feb	24
RTN	29,666.77	7-Feb	93
RAI	26,380.53	7-Feb	53
RPXC	844.81	7-Feb	15
SNDK	16,130.30	7-Feb	42
SAIC	1,789.48	7-Feb	46
SWHC	700.24	7-Feb	37
STRA	391.87	7-Feb	31
RGR	1,430.90	7-Feb	27
TTWO	1,892.96	7-Feb	2
USMO	300.53	7-Feb	8
USNA	915.18	7-Feb	14
WTW	1,640.00	7-Feb	11
WNR	3,733.84	7-Feb	51

In the totally trivial category, I did decide to upgrade to Pandora One this weekend.  I like to have music streaming in the background.  I thought Itunes Radio was the answer for me as I already have iCloud.  But they repeated the same songs way too often.  After a day and a half, I am pretty pleased with Pandora One. At first, like many people, I am so used to not paying for my music that I didn't want to upgrade.  But $36 a year? I do not think I will miss that.  Then I did buy a Slingbox today.  It works unbelievably well. The picture/sound quality was very good. And it was a snap to set up. I can now watch any of my cable TV channels on my iPad or computer as long as I am somewhere with a decent wifi.

I subscribe to PCWorld magazine.  It has gone from being a tangible magazine to being fully digital through

Zinio.

I just read the February issue.  I always find it thought provoking as there are a number of articles about the future of technology. And while none of it is earth-shattering, it can make you think a bit about the intersection of technology and investing.  When I look at it, it seems clear connectivity is just going to keep increasing.

Smart watches are one very interesting area.  When I first heard about these, I just laughed, thinking about Dick Tracey, or nerds with Casio watches that have calculator functions. But as phones get larger, many times it is easier just to lift up your wrist to check out something. And I am sure some one, somewhere, is working on making them stylish. So I expect they may simply be an extension of your smartphone.

Cars are going to become much more tech-integrated. GM is going to build 4g LTE connectivity into most 2015 models.  That is just around the corner.  That has to be good for Verizon, AT&T etc.  They will have an entire new market to sell their data to.  It will also continue to push the need for bandwidth.  So cell phone towers and networks will be ever-expanding. And both the watches and cars will surely need chips, touch screens etc. Has to be something there for INTC and SYNA.

Phones and computers are going more biometric. Get away from passwords.  Fingerprint sensors, voice or eye scans will become more commonplace. Recall that is the segment that AWRE is involved in. I was way to quick (kicking myself) in selling them.

Google is aggressively building out Google Fiber.  I think this has the potential to change the landscape of broadband.  Google does not do things in a small way.  They are pushing 100 mps speed and forcing other providers to upgrade or lose.  Consumers will be the winner.  But have dependable and very fast internet could change many other things.  It will certainly put the US a step closer to "cutting the cord". I'd think long and hard before buying stock in a cable provider.