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
 Sidoti & Co
256 24.57% 15.40% -73.79% 98.36%
2
 Northland Capital Markets
280 36.42% 20.43% -28.70% 65.12%
3
 Argus Research Co
501 21.61% 17.20% -29.46% 51.07%
4
 TD Securities
1,222 32.51% 21.64% -16.52% 49.03%
5
 CIBC
146 32.66% 29.98% -0.13% 32.79%
6
 Maxim Group LLC
170 21.65% 15.11%
7
 Janney Montgomery Scott LLC
318 16.89% 8.47% 0.00% 16.89%
8
 Exane BNP Paribas
425 21.64% 15.63% 4.83% 16.81%
9
 Deutsche Bank
1,241 20.28% 15.10% 5.76% 14.52%
10
 UBS
1,684 21.51% 17.96% 7.53% 13.98%
11
 Societe Generale
110 31.51% 24.10% 20.02% 11.49%
12
 Macquarie Group
426 11.70% 25.75% 5.26% 6.44%
13
 Piper Sandler
1,434 26.73% 17.62% 20.69% 6.04%
14
 Barclays Bank PLC
1,521 23.01% 18.16% 20.68% 2.33%
15
 Morgan Stanley
1,750 20.09% 17.07% 19.59% 0.50%
16
 Goldman Sachs
1,711 19.34% 20.16% 19.39% -0.05%
17
 Nomura Securities
299 11.64% 10.40% 12.83% -1.19%
18
 JP Morgan
1,893 23.65% 18.50% 26.00% -2.35%
19
 CFRA Research
869 17.89% 18.39% 20.54% -2.65%
20
 Merrill Lynch
2,080 17.12% 18.39% 21.37% -4.25%
21
 Credit Suisse
1,397 18.92% 17.83% 24.43% -5.51%
22
 Citigroup Investment Research
1,821 22.26% 15.80% 30.94% -8.68%
23
 BMO Capital Markets
1,125 24.03% 19.34% 42.59% -18.56%
24
 HSBC
433 18.01% 13.55% 39.49% -21.48%
25
 CLSA
96 -0.01% -18.47% 31.81% -31.82%