Chandy, P R; Peavy III, John W; Reichenstein, William - In: Journal of Financial Research 16 (1993) 2, pp. 171-79
Each week Value Line highlights one or two timeliness rank 1 stocks. We find a significant 2.65 percent three-day return around this event. However, this effect is temporary and largely reverses over the next several weeks. We also find that the market response to a highlighted stock is stronger...
