I was wondering who here uses ValueLine to supplement their fundamental analysis, and if so, how exactly do you use it?
For the sake of argument, can you please choose a well-known company (say AAPL) and how you might use the data on a ValueLine sheet that you might not ordinarily encounter through your perusal of transcripts or SEC filings?
This would be helpful since I understand some of you do see value in Value Line, but for me I’ve never paid much attention to them when perhaps I should. Thanks.
The great thing about Value Line is they have the balls to show you their forecasts for sales, capital structure, etc. When I was in college, I’d calculate margin of safety’s based on VL numbers and my own forecast. It gave me something to compare my numbers too. I was told by my CFA professor that Value Line is on average more optimistic than reality, according to the research done it.