Blast from the past: Value Line MAP

Old timers might remember going to the library or the brokerage office to look at the binders for the Value Line Investment Survey.

With the Internet, much of the same information can be accessed with a few mouse clicks. In the old days, Value Line was one of the few easily accessible information sources for would-be stock investors.

Value Line publishes a number for the Median-Appreciation-Potential (MAP). This represents a long term valuation view for the overall stock market.

Mark Hulbert writes about Value Line Median Appreciation Potential at MarketWatch (link)
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Value Line's Median Appreciation Potential currently stands at 135, which means that the median Value Line analyst is projecting that the stocks he follows will be 135% higher in four years.
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The last time it was as bullish as it is now was in late 1990
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