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The top 10 current Magic Formula stocks by forward dividend yield, price-to-sales ratio, and price-to-book ratio.

Retail Stocks Feel The Heat

Posted by inthemoneystocks on March 29th, 2012

The leading retail sector has been surprisingly strong despite the high price of gasoline in the United States. The Market Vectors Retail ETF (NYSEARCA:RTH) is finally declining this morning. The important and highly followed RTH is trading lower by 0.34 cents to $41.74 a share. Short term traders should watch for intra-day support around the $41.40, and $40.75 levels.

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Now there is a better way to buy a mobile phone in America, and Best Buy (NYSE:BBY) is giving consumers a $50 gift card for the opportunity to prove it. Today, the world`s leading multi-channel retailer of consumer electronics announced that it will give away a $50 Best Buy gift card to any customer who registers and then purchases and activates a mobile phone at Best Buy by Dec. 31, 2012.

Align Technology, Inc. (Nasdaq:ALGN) recently reported financial results for the fourth quarter and fiscal year ended December 31, 2011.

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Weekly roundup of stocks moving in and out of Joel Greenblatt's Magic Formula® Investing screens.

Emulex Corporation (NYSE:ELX) recently announced preliminary results for its second quarter of fiscal 2012, which ended on January 1, 2012.

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