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
164 24.59% 9.28% -49.61% 74.20%
2
 CIBC
125 19.34% 28.14% -21.76% 41.10%
3
 Deutsche Bank
1,026 11.67% 5.54% -6.31% 17.98%
4
 TD Securities
846 13.32% 9.08% -1.68% 15.00%
5
 CFRA Research
818 15.64% 10.60% 1.61% 14.03%
6
 Argus Research Co
466 13.84% 4.00% 0.56% 13.28%
7
 Maxim Group LLC
170 12.89% -25.05%
8
 Exane BNP Paribas
339 12.32% 7.49% 4.33% 7.99%
9
 Macquarie Group
345 17.78% 16.79% 11.39% 6.39%
10
 Janney Montgomery Scott LLC
297 7.15% 7.89% 1.94% 5.21%
11
 Credit Suisse
1,116 11.66% 8.80% 6.87% 4.79%
12
 Sidoti & Co
261 2.98% 5.15% -1.14% 4.12%
13
 Goldman Sachs
1,229 11.47% 11.38% 8.04% 3.43%
14
 Nomura Securities
251 13.12% 10.80% 9.71% 3.41%
15
 UBS
1,270 9.94% 8.40% 7.69% 2.25%
16
 BMO Capital Markets
900 14.18% 8.47% 13.20% 0.98%
17
 JP Morgan
1,401 13.62% 8.21% 13.18% 0.44%
18
 Merrill Lynch
1,551 11.52% 8.88% 12.15% -0.63%
19
 Piper Sandler
1,123 7.40% 9.18% 8.18% -0.78%
20
 CLSA
36 24.72% -9.96% 25.73% -1.01%
21
 Morgan Stanley
1,290 11.68% 8.60% 14.86% -3.18%
22
 Barclays Bank PLC
1,148 7.97% 8.72% 12.39% -4.42%
23
 Citigroup Investment Research
1,402 11.27% 8.83% 18.58% -7.31%
24
 Societe Generale
102 2.96% 16.22% 10.29% -7.33%
25
 HSBC
310 13.08% 14.27% 20.83% -7.75%