Independent Equity Research

Crystal Research Associates, LLC (CRA) is an independent equity research firm based in New York City. We have redefined the role of independent equity research. Our unique and novel product, Fact without Fiction, is free of investment ratings, target prices, and forward-looking financial models. The EIO presents a crystal-clear, detailed report on a company (whether public or private) in a manner that is easily understood by the Wall Street financial community.

We believe that true independence comes from presenting a company's Facts Without FictionTM. Accordingly, the EIO provides a comprehensive unbiased look inside a company. The EIO is written by a team of veteran Wall Street analysts who recognize the investor's desire to understand a business so that they can make an educated investment decision based on facts.