Value Line’s Timeliness System Failed Again in 2010
For the second straight year and the seventh in the past ten, Value Line’s Timeliness ranking system showed a miserable performance. Not only did the #1 ranked stocks do relatively poorly in 7 of 10 years but the ‘avoid’ rated shares often were the best performers of all- sometimes by a huge margin.
Value Line recommends buying their #1 and #2 ranked stocks while advising selling their #4 and #5 rated issues. I have highlighted the performance figures that they published in the recently released Jan. 28, 2011 issue of the Value Line Investment Survey.
Value Line’s data presentation is the best available and well worth the subscription price.
Their stock picking advice should be avoided.