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
270 59.49% 40.57% -45.53% 105.02%
2
 Sidoti & Co
258 28.69% 21.70% -53.96% 82.65%
3
 Argus Research Co
498 28.79% 19.28% -30.60% 59.39%
4
 Maxim Group LLC
170 40.62% 4.40%
5
 CIBC
146 39.58% 44.98% -0.03% 39.61%
6
 Janney Montgomery Scott LLC
317 30.14% 19.55% 0.00% 30.14%
7
 TD Securities
1,206 40.60% 30.49% 13.29% 27.31%
8
 UBS
1,662 31.85% 24.96% 13.94% 17.91%
9
 Societe Generale
112 47.71% 27.81% 30.42% 17.29%
10
 Deutsche Bank
1,245 31.74% 20.28% 19.54% 12.20%
11
 Exane BNP Paribas
412 30.37% 24.84% 24.18% 6.19%
12
 Goldman Sachs
1,711 29.05% 29.62% 27.91% 1.14%
13
 Macquarie Group
426 25.76% 27.78% 24.88% 0.88%
14
 JP Morgan
1,888 34.30% 28.29% 33.59% 0.71%
15
 Barclays Bank PLC
1,509 27.98% 25.56% 29.66% -1.68%
16
 Credit Suisse
1,408 27.14% 24.47% 30.14% -3.00%
17
 Morgan Stanley
1,760 27.45% 24.44% 30.84% -3.39%
18
 HSBC
433 33.13% 28.02% 37.09% -3.96%
19
 CFRA Research
879 25.68% 27.09% 29.85% -4.17%
20
 Citigroup Investment Research
1,818 34.66% 22.80% 40.68% -6.02%
21
 Merrill Lynch
2,084 27.12% 29.33% 34.47% -7.35%
22
 Nomura Securities
298 25.22% 25.03% 37.91% -12.69%
23
 Piper Sandler
1,430 34.91% 22.48% 51.61% -16.70%
24
 BMO Capital Markets
1,101 32.84% 28.23% 61.51% -28.67%
25
 CLSA
89 23.77% -9.70% 76.02% -52.25%