Each week I track which stocks are moving in and out of the top 30 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 million. Here are the moves for the week ended 5-31-09.
Top 30/50 Million:
In:
- Innophos Holdings, Inc. (IPHS)
- Universal Travel Group (UTA)
Out:
- Airvana, Inc. (AIRV)
- Ulticom, Inc (ULCM)
Top 30/2000 Million
In:
- Biovail Corporation (BVF)
- CGI Group, Inc (GIB)
Out:
- Diamond Offshore Drilling, Inc. (DO)
- Joy Global, Inc. (JOYG)
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