Seven Trading Days Left

Seven Trading Days Left

My 12/31/14 MFI formula tranche has a mere 7 trading days left. While MFI formula has not been a runaway success so far with real $, this tranche looks to finish a winner.  It is up 9.6%, versus -1.2% for benchmark. However, it is entirely RGR (up 76%), the other four names are in the red.

What is interesting is how many names are now qualifying for MFI formula. Recall my rules are take top 50>100 million. Then pick stocks with a yield greater than 2.4% and market cap greater than $600 million. Recall a year ago, the list was sparse and we had many repeaters quarter by quarter.

Now there are 16 names on the list, I think it is a sign that the market is generally cheaper than a year ago. More stocks get over the threshold as their stock price drops. It may also be that value/dividend stocks are a bit out of favor right now.  Here are the 16:

BBY
BKE
CA
CAlm
CSCO
GME
HPQ
IILG
OUTR
PDLI
PPC
PBI
PII
QCOM
TNH and
VIAB

CA, CSCO and GME are in the expiring portfolio. We'll see if they get picked again.