Foreign Stocks with Magic Formula Characteristics

(via www.magicdiligence.com)

Joel Greenblatt's The Little Book that Beats the Market throws out international stocks, but the basic premise of the strategy should be applicable in any stock market. A new such service exists that applies the Magic Formula's screening philosophy to highlight quality, cheap issues on the U.K. and other European markets. A MagicDiligence review of the service.