What is The Value Line Investment Survey ?

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.

This publication is backed by an independent research staff of more than 70 experienced independent professional security analysts No other service offers so much information in such a concise format.

• A unique and extraordinarily powerful component of The Value Line Investment Survey is its Timeliness Ranking System.

This proprietary system has a proven record for forecasting the next six to 12 months of relative price performance for the stocks featured in The Value Line Investment Survey. Over a 35 year period Value Line's Timeliness Ranking System has accurately anticipated stocks' subsequent relative price performance.

• 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 18,000% through the end of 1999!

Every week, the Ranking System screens millions of data items and, using a proprietary series of calculations, ranks each of the approximately 1,700 stocks for probable performance relative to each other during the next six to 12 months. This Timeliness Ranking System provides the basis for the stock ranks in The Value Line Investment Survey.

In addition to its invaluable Timeliness ranks, The Value Line Investment Survey provides investors with an extraordinary wealth of vital information, including among many others:

• Safety and Technical ranks for 1,700 stocks. (Go to Value Line University to find the record of our Technical ranks.)
• 3-5 Year Growth Projections for all stocks.
• Powerful investment screens listing criteria such as Timely Stocks in Timely Industries, Untimely Stocks, and High Growth Stocks.
• A separate section called Selection & Opinion, which covers topics such as Business and Stock Market prospects and includes sample portfolios for different types of investors.

The Small and Mid-Cap Edition of the Value Line Investment Survey contains full-page reports on 1800 stocks, most of which are smaller than those in the Standard edition. Each page contains a considerable amount of current and historical financial information and stock price data. It also contains eight different Value Line ranks, most of which are the same as those in the Standard edition.

The one difference is the Performance rank, which has been adapted from the well known Value Line Timeliness rank, and is designed to predict a stock's relative price performance for the next 12 months.

Reports in the Small and Mid-Cap edition do not contain consensus earnings estimates, if available, but they do not contain analyst's commentaries.