SocGen’s Developed And Emerging Market Greenblatt Screen For April

Societe Generale publishes a monthly update on the performance of several value orientated fundamental trading strategies across both developed and emerging markets. I covered the bank’s top Graham & Rea deep value screen picks for April here. In this piece I’m taking a look at Societe Generale’s Joel Greenblatt’s ‘Magic Formula‘ screen. A list of the stocks that qualified for the Greenblatt screen last month can be found here. Greenblatt’s formula uses a simple and systematic investing strategy based on a very understandable principle – that buying shares in cheap, good quality companies beats the market. Société Générale ranks companies…