Value Line, Inc. is an independent investment research and financial publishing firm based in New York City, New York, United States, founded in 1931 by Arnold Bernhard. Value Line is best known for publishing The Value Line Investment Survey, a stock analysis newsletter that is among the most highly regarded and widely used independent investment research resources in global investment and trading markets, tracking approximately 1,700 publicly traded stocks in over 99 industries. The "Value Line" was a line representing a multiple of cash flow that Bernhard would visually "fit" or superimpose over a price chart. This was a pioneering attempt to normalize the value of different companies. He soon began publishing his investment survey. Bernhard published The Evaluation of Common Stocks in 1959. More information...
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