Argus Research is an independent research firm. Its business is producing, distributing and marketing high-quality investment and economic research. Recommendations—BUY, HOLD and SELL—reflect the judgment of an analyst about a company’s prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Its independence allows it to make critical judgments about companies that it might not be so free to make were Argus competing for a firm’s underwriting business. Because Argus is not a broker/dealer, it doesn’t have “inventory” of a stock that it has to move with a tainted recommendation. Argus has developed a six-point system for analyzing the stocks in its Universe of Coverage. This system, combined with the firm’s independence, gives Argus an edge as it develops ideas, forecasts and ratings.
