On this page you can determine which Fundamental independent research providers and brokers can offer top investment research

Use Investars Ranks system for investment research evaluation and research performance measurement for the type of research, stocks and sectors you might want to invest in.

Identify the best equity research performance by market index, recommendation type and research category within a selected time period.

Drill down historical performance of research firms you are interested in.

Fundamental Research Providers

Rank Firm Stocks Buy Neutral Sell Buy-Sell Chart
1
 Northland Capital Markets
267 15.66% 7.25% -51.14% 66.80%
2
 Argus Research Co
500 9.11% -1.53% -34.93% 44.04%
3
 CIBC
147 21.74% 27.45% -21.36% 43.10%
4
 Sidoti & Co
265 -6.03% -5.08% -38.58% 32.55%
5
 Exane BNP Paribas
394 12.90% 6.94% -3.73% 16.63%
6
 CFRA Research
898 8.63% 6.66% -2.87% 11.50%
7
 Deutsche Bank
1,264 6.22% 1.59% -4.84% 11.06%
8
 Maxim Group LLC
170 9.68% -14.25%
9
 TD Securities
1,188 10.72% 6.11% 2.68% 8.04%
10
 Macquarie Group
438 9.60% 12.07% 1.83% 7.77%
11
 Credit Suisse
1,448 9.15% 6.08% 3.76% 5.39%
12
 Nomura Securities
301 8.01% 1.36% 3.89% 4.12%
13
 Goldman Sachs
1,735 8.31% 8.23% 4.42% 3.89%
14
 Morgan Stanley
1,793 9.72% 4.43% 7.27% 2.45%
15
 JP Morgan
1,904 11.40% 4.89% 10.74% 0.66%
16
 Barclays Bank PLC
1,488 6.06% 5.42% 5.91% 0.15%
17
 Merrill Lynch
2,120 7.82% 9.00% 7.96% -0.14%
18
 Piper Sandler
1,474 3.96% 2.20% 5.12% -1.16%
19
 Janney Montgomery Scott LLC
330 -0.30% -4.87% 1.74% -2.04%
20
 Citigroup Investment Research
1,854 8.84% 5.00% 14.52% -5.68%
21
 HSBC
430 15.96% 16.48% 22.32% -6.36%
22
 BMO Capital Markets
1,097 11.87% 5.25% 19.95% -8.08%
23
 Societe Generale
114 6.72% 13.22% 19.51% -12.79%
24
 CLSA
88 22.64% -13.77% 43.46% -20.82%
25
 UBS
1,647 8.67% 6.38% 33.04% -24.37%