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Analyst Reports for Sale

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Want access to Wall Street research reports without changing brokerage firms? You can get them, but you’ll have to pay.

Here are two companies that sell reports from a wide range of research houses on a delayed basis. Both cater primarily to business customers but also sell to individual investors:

* Investext Group tracks research on 450 companies. Reports are released an average of nine days after their original publication dates. The cost is about $10 a page, but reports older than two months or that contain text without accompanying charts and graphs are closer to $7.50. There’s a one-time membership fee of $100.

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Investext can be reached at (800) 662-7878 or at https://www.investext.com

* Multex Systems makes available reports on more than 200 companies, on average 15 days after their original release dates. Prices range from $10 to $150 depending on the length of the reports, but most are between $25 and $50. There’s no sign-up fee.

The service’s phone number is (888) 268-5839 and its Web site is at https://www.multex.com

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