Next qualitatively analyze whether the implied growth rate from II, above, is reasonable, too
high, or too low? Question 4 for reference
1. What's the market like (i.e., strong/weak) for the firm's main products and/or services?
Viewing VL's report for your firm's industry may help here. It is accessible under
Industry Analysis on the bottom left side of your firm's online VL report.
2. What's the firm's competitive advantage (at #1, above) that allows it to make money?
3. What's the status of #2 (above) and how well is the business actually doing?
4. To complement #3, consider how the firm is positioned relative to its competitor(s) or
peers? Note: competitors, or comparable peers, can be identified in Value Line from the
Industry Screens pull down under the Browse Research tab.
With respect to #3 and 4, above, consider the recent (past 3 to 5-year) trend in your firm's
performance versus that of competitors. Also, try to identify any major projects, or
opportunities, your firm is pursuing, or plans to, that will impact the firm's future growth
potential. Note: trends over the past decade, and forecasts for the next several years, are shown
in your stock's VLIS report for amounts relevant to growth potential, such as capex, the payout
ratio, and ROE.
Seeking Alpha, CNBC, Yahoo/finance, and Investopedia are all excellent websites to
source articles and research on your stock. (Note: you can set up a free account on Seeking
Alpha to receive email "alerts" on your stock - hover over News, click on See All Sections >>,
then click on Stock Email Alerts under Tools and Settings.) 
Part 3: This paragraph should recommend whether to BUY (for short or long-
term), SELL, or HOLD your stock, and summarize your supporting analysis for this conclusion.