Value Line is an independent investment research and financial publishing firm based in New York City, New York, USA, founded in 1931 by Arnold Bernhard. Value Line is best known for publishing The Value Line Investment Survey, a stock analysis newsletter that is among the most highly regarded and widely used independent investment research resources in global investment and trading markets, tracking approximately 1,700 publicly traded stocks in over 99 industries. The company's brand "The Most Trusted Name In Investment Research" was registered as a trademark by the United States Patent and Trademark Office.