Wall Street Journal, February 8, 1996.

Only six of 16 major brokerage houses managed to beat the market with their stock recommendations last year, according to a quarterly study of Wall Street's stock-picking prowess... The study, by The Wall Street Journal and Zacks Investment Research Inc. of Chicago, tracks the official recommended list at each of 16 firms in an effort to estimate how an investor would fare by holding every stock on the list.