New website delivers institutional research
There’s a US website that could be signalling the way in which analyst research will be distributed. The website is www.multexinvestor.com where you can view US company research from a range of analysts from the likes of Merrill Lynch, Morgan Stanley, Salomon Smith Barney, Deutsche Banc Alex Brown etc. You can also nominate sectors for which you’d like to receive research updates by email and can download a MultexInvestor toolbar for quick links to company research and analysis.
While reports from some brokers may be on a trial basis only there’s plenty of free research available. The website, however, is more than just a marketing distribution point for broker research. There’s also stock screening tools, educational resources and an analyst and expert panel to answer your questions.
Commsec uses analyst forecast information from Multex to establish a consensus amongst top brokers about the future movements of a particular stock. Services offered by groups such as Multex will become in greater demand as investors search for quality analysis across all sectors.