« Mutual Fund Selection | Main | Year End 2005 Performance »

Dec29
Value Line
Another resource that is usually available at your local public library is Value Line.  It is a great source for doing research on companies and industries.  I'll let them toot their own horn here for a moment.

"The Value Line Investment Survey is a comprehensive source of information and advice on approximately 1,700 stocks, more than 90 industries, the stock market, and the economy.

It has three parts:

The Ratings & Reports section contains one-page reports on approximately 1,700 companies and more than 90 industries. Each company report contains, among other things, Value Line's Timeliness, Safety, and Technical ranks, financial and stock price forecasts for the coming 3 to 5 years, an analyst's written commentary, and much more. For detailed information, please click on EDUCATION and go to either "How to Invest in Common Stocks" or the "Quick Study Guide."

The Summary & Index contains an index of all stocks in the publication as well as many up-to-date statistics to keep investors informed about the latest company results. It also contains a variety of stock "screens" designed to help investors identify companies with various characteristics.

The Selection & Opinion section contains Value Line's latest economic and stock market forecasts, one-page write-ups of interesting and attractive stocks, model portfolios, and financial and stock market statistics.

An investor who purchased all stocks rated #1 by Value Line at the start of each year since 1965 and sold them at the end of each year would have seen his/her investments appreciate more than 14,000% through June 30, 2002!"

 
I use Value Line to analyse stocks, to identify new ideas and to look at industries.  I get it at the local library, but the cost for a subscription is very reasonable.  It is an excellent resource.

You can also look at Value Line online at their website.

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