This writer often makes references to Value Line[VL] in blogs about the information related to specific securities. VL is a publication appearing in both print and website formats. The print publication can usually be found in most public libraries that have a financial reference section. It can serve as a valuable resource to anyone seriously interested in gaining some in-depth research experience in investing.
VL publishes thorough synopses on 5000 stocks. It has a rating system which it applies to 1500 stocks, rating them on anticipated relative performance over the coming 12 to 18 months in terms of price functions. Those expected to perform best are rated #1; the next segment are rated #2 (to out perform); #3 expected to match the average performance of the market; #4 (to underperform); #5 expected to do worse than the markets in general. It should be noted that the performance ratings are relative to market performance. Thus a stock rated #1 is not necessarily predicted to rise in price, particularly if the overall market declines the probabilities being that the stock would not decline as much as the overall market. However in a rising market, the shares would be expected to do better than the average shares.
These synopses are prepared to match the particular segment of the corporation’s or partnership’s principal business, with a plethora.of tabular statistics, covering about 5 or more years, if available. A synopsis of the principal business activities concentrations of stock ownership, institutional investors, and much else is presented in a very easy-to-read form. It is kept up-to-date by re-editing the materials for every security on a 13 week basis. Securities are grouped by industry or business segments (e.g., Banking, by regions).
VL has an outstanding track record for many, many years, supporting its analyses and its classifications of stock ratings. It is recommended to those who are seriously interested in learning.
Writer has been a subscriber for over 40 years, but has no financial interest in the publisher or its distribution.