The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( MagicDiligence) -- Joel Greenblatt's Magic Formula® Investing (MFI) strategy is a value-stock-picking mechanism. It looks for stocks with the best combination of a high earnings yield and a high return on tangible capital, creating a simple algorithm to find "great companies at cheap prices." What is does not consider is growth, a key ingredient to determining if a stock is truly "cheap," or justifiably carries a low multiple of earnings. Wouldn't it be nice to find great, growing companies at cheap prices? The combination of earnings and multiple growth is what can lead to huge stock price advances. One of the greatest but least talked about "super investors" was Shelby Davis, who generated 23% compound annual returns over a 47-year investing career (turning $50,000 into $900 million!). He looked for exactly the situation we are talking about here, dubbed the "Davis Double Play." Follow TheStreet on Twitter and become a fan on Facebook. There are several measures of growth, but probably the purest is revenue growth. You cannot grow a business over the long run without it, and Wall Street funds are attracted to it like moths to the flame. Therefore, in this article, I will show you the 10 MFI stocks with the greatest revenue growth, measured by the most recent quarter's year-over-year comparison. To do this, I used the three MFI screens always followed by MagicDiligence: the top 50 stocks over $50 million market cap, the top 50 over $1 billion and the top 30 over $3 billion.