Upcoming April 1st MFI Formula Tranche

Upcoming April 1st MFI Formula Tranche

Hard to believe it is March already.  That means it is time to start looking forward to my next tranche about to hit anniversary date and the universe of stocks to replace it.

As a refresher, my MFI Formula approach has a series of steps to decide the five stocks (perhaps like the Ten Duel Commandments in Hamilton).

1. The day of expiration, run a top 50 > 120m market cap from official screen.
2. Filter out the bottom 17 stocks per market cap in that list.
3. Filter out stocks with dividend yields <2 .4="" dividends="" do="" include="" li="" special="">
4. Review list and if desired, throw out one more name.
5. Run random number generator to pick 5 stocks from the remaining stocks.

Easy-peasy.  So here is the tranche about to expire.  It has been very good:

4/1/2017	Start	Current	Dividend	Pct Gain	R3K Gain
BKE	$18.45	$21.30	$2.75	30.3%	15.2%
CSCO	$33.76	$44.06	$1.16	34.0%	15.2%
GILD	$67.50	$78.69	$1.56	18.9%	15.2%
OMC	$85.53	$75.65	$1.65	-9.6%	15.2%
SYNT	$16.76	$27.31	$0.00	62.9%	15.2%
Totals				27.3%	15.2%

Did I get lucky with Mr Random? Enquiring minds want to know.  I did. The five stocks Mr Random excluded were CA, GME, HPQ, PBI and RGR.  In aggregate they are up about 3%.  27% looks much better.  Thank you lady luck (as of today).

Here is what I would get if I picked today:

First the 50 stocks from screen 9I would need to review dividends):

Ticker	Market Cap	Price	Dividend	Yield
ACOR	1,135	24.55	-	0.00%
AEIS	2,651	66.95	-	0.00%
ALSN	5,360	38.29	0.60	1.57%
ABC	20,530	93.96	1.49	1.59%
AGX	628	40.40	1.00	2.48%
BIIB	60,663	286.90	-	0.00%
HRB	5,162	24.69	0.94	3.81%
BPT	423	19.75	3.84	19.43%
CELG	67,828	89.33	-	0.00%
CERC	128	4.93	-	0.00%
CSVI	622	44.60	1.18	2.65%
CNCE	555	22.59	-	0.00%
CJREF	1,240	5.99	0.89	14.81%
DLX	3,413	71.17	1.20	1.69%
DISCA	14,013	24.67	-	0.00%
EGRX	856	53.63	-	0.00%
EVC	588	6.50	0.16	2.50%
ESRX	42,200	74.77	-	0.00%
GME	1,614	15.93	1.52	9.54%
GILD	102,848	78.69	-	0.00%
HSII	518	27.60	0.52	1.88%
HPQ	38,254	23.57	0.54	2.28%
IDCC	2,495	72.05	1.30	1.80%
IPG	9,036	23.58	0.75	3.18%
LEE	134	2.35	-	0.00%
MDCA	462	8.20	-	0.00%
MSB	359	27.40	2.53	9.23%
MPAA	395	20.73	-	0.00%
MSGN	1,826	24.25	-	0.00%
NHTC	199	17.58	0.46	2.62%
NLS	385	12.55	-	0.00%
EGOV	918	13.85	0.32	2.31%
NTRI	945	31.45	0.70	2.23%
OMC	17,407	75.65	2.25	2.97%
PTN	177	0.96	-	0.00%
PDLI	392	2.54	-	0.00%
QTRH	182	1.53	0.04	2.55%
RPXC	518	10.45	0.05	0.48%
SQBG	145	2.29	-	0.00%
SP	818	36.80	-	0.00%
SYNT	2,263	27.31	-	0.00%
SYX	1,073	28.92	0.35	1.21%
MEET	192	2.68	-	0.00%
TRNC	656	19.55	0.28	0.00%
TUP	2,531	49.58	2.72	5.49%
UIS	568	11.25	-	0.00%
UTHR	5,207	113.79	-	0.00%
VEC	409	36.95	-	0.00%
VIAB	13,721	34.09	0.80	2.35%
WDC	26,210	88.25	2.00	2.27%

Then the top 33 by market cap is everything over 563m.  Then also filter for dividend > 2.4% and left with:

Number	Ticker	Market Cap	Price	Dividend	Yield
1	AGX	628	40.40	1.00	2.48%
2	HRB	5,162	24.69	0.94	3.81%
3	CSVI	622	44.60	1.18	2.65%
4	CJREF	1,240	5.99	0.89	14.81%
5	EVC	588	6.50	0.16	2.50%
6	GME	1,614	15.93	1.52	9.54%
7	IPG	9,036	23.58	0.75	3.18%
8	OMC	17,407	75.65	2.25	2.97%
9	TUP	2,531	49.58	2.72	5.49%

Wow, short list right now. Let us say I do not toss any.  I then run random number generator:

Random #	Stock
6	GME
3	CSVI
1	AGX
2	HRB
5	EVC

That would be that.  Who is CSVI anyway?  I need to look.  But that is all for now.  Hope it is clear.