Looking for the perfect stocks to add to your portfolio? Consider the Magic Formula, a proven investment strategy created by legendary investor Joel Greenblatt. The formula focuses on finding high-quality, undervalued companies that have strong financials and a history of consistent earnings growth.
So, what are the top 15 Magic Formula stocks to invest in right now? Let’s take a look. First up is automotive parts retailer O’Reilly Automotive Inc. (ORLY), which has seen steady growth over the years and has a strong presence in the US market. Next on the list is tech giant Apple Inc. (AAPL), known for its innovative products and strong financials.
If you’re looking for a more diverse option, consider adding aerospace and defense company Lockheed Martin Corporation (LMT) to your portfolio. With a strong balance sheet and a history of beating earnings estimates, this stock has potential for long-term growth. Another top pick is financial services company Visa Inc. (V), which has a dominant position in the electronic payments industry and has consistently increased its dividend payout over the years.
But don’t just blindly follow the Magic Formula. Do your own research and evaluate these stocks based on your investment goals and risk tolerance. Remember, no investment is a sure thing. Always diversify your portfolio and be prepared for volatility. And as always, it’s important to consult with a financial advisor before making any investment decisions.
In conclusion, the Magic Formula offers a simple yet effective approach to finding undervalued stocks with strong financials. With these 15 top picks, you can unlock your investment potential and potentially see significant returns in the long run. So, why not give it a try and see the magic for yourself? Happy investing!