|Owner(s)||Investor's Business Daily, Inc.|
|Founder(s)||William J. O'Neil|
|Founded||1984 (as Investor's Daily)|
|Headquarters||12655 Beatrice Street|
Los Angeles, CA 90066
Investor's Business Daily (IBD) is an American newspaper and website covering the stock market, international business, finance and economics. Founded in 1984 by William O'Neil as a print news publication, it is headquartered in Los Angeles, California. Holding a conservative political stance, IBD provides news and analysis on stocks, mutual funds, ETFs, commodities, and other financial instruments aimed at individual investors and financial professionals.
In March, 2016, the company announced that IBD would become a weekly publication and would focus more on digital operations. The publication will continue to use the Investor's Business Daily name as it will continue to publish daily on its website. In May 2016, the company officially switched to a weekly print publishing schedule and published its first issue of IBD Weekly while continuing to update its website daily.
Entrepreneur and stockbroker William O'Neil founded the newspaper in 1984 due to frustration with the lack of data about stocks in newspapers. In 1991, the publication's name was changed from Investor's Daily to Investor's Business Daily. In 1994, ten years after its founding, IBD was ranked among the fastest-growing newspapers in the country.
In 2015, the IBD website was accessed by over 4 million monthly visitors. In 2016, it was announced that the company would change its printing schedule to once a week, but continue to publish new content to its website daily. In May 2016, the first issue of IBD Weekly was published while the media outlet continued to publish new digital content daily.
During the 2016 presidential election in the U.S., IBD was one of two polls that correctly predicted a Donald Trump victory. Leading up to the election, IBD's poll had been dismissed as being an "outlying survey," but it was rated as one of the closest to the final result.
IBD takes a conservative political stance in its news and analysis.IBD provides investor education through its Investor's Corner, the Big Picture, and online resources. The information provided expands on William O'Neil's previous books that detail the CAN SLIM investment strategy.IBD includes several written sections that detail companies and news of interest. It covers internet and technology stocks in particular, and has a substantial editorial and opinion section. Every Monday in its weekly edition, IBD publishes a list of 50 stocks that are most attractive based on earnings, stock price performance, and other criteria used in the CAN SLIM strategy.
The IBD 50 Index is the flagship US stock market benchmark published by the Investor's Business Daily, similar to how FTSE 100 was to the Financial Times. The index is based on the CAN SLIM methodology invented by the newspaper's founder William O'Neil, and the list of its constituents is published every Monday. Later it becomes the basis for an exchange-traded fund (ETF) called the Innovator IBD 50 ETF (Ticker: FFTY), which is also rebalanced weekly.
In July 2009, an editorial in Investor's Business Daily claimed that physicist Stephen Hawking "wouldn't have a chance in the U.K., where the [British] National Health Service (NHS) would say the life of this brilliant man, because of his physical handicaps, is essentially worthless." Hawking was British, lived in the United Kingdom nearly all of his life, and received his medical care from the NHS. IBD later removed the editorial's reference to Hawking in its online version and appended an "Editor's Note" which said, "This version corrects the original editorial which implied that physicist Stephen Hawking, a professor at the University of Cambridge, did not live in the UK." Hawking himself responded, "I wouldn't be here today if it were not for the NHS. I have received a large amount of high-quality treatment without which I would not have survived."