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 19.83% 8.39% -47.98% 67.81%
2
 Argus Research Co
499 12.69% 1.57% -35.94% 48.63%
3
 Sidoti & Co
264 -0.22% -1.30% -47.91% 47.69%
4
 CIBC
149 25.21% 30.91% -17.67% 42.88%
5
 Maxim Group LLC
170 23.10% -18.33%
6
 Exane BNP Paribas
397 12.92% 8.83% -3.37% 16.29%
7
 CFRA Research
894 11.89% 8.21% -1.32% 13.21%
8
 Deutsche Bank
1,265 10.51% 3.54% 1.24% 9.27%
9
 TD Securities
1,202 16.56% 10.53% 8.13% 8.43%
10
 Piper Sandler
1,478 10.77% 6.17% 3.97% 6.80%
11
 Credit Suisse
1,447 12.44% 8.15% 6.06% 6.38%
12
 Janney Montgomery Scott LLC
330 6.10% -0.40% 1.29% 4.81%
13
 Morgan Stanley
1,800 12.18% 7.89% 7.57% 4.61%
14
 Goldman Sachs
1,753 12.58% 11.36% 8.12% 4.46%
15
 Macquarie Group
438 11.57% 11.81% 7.30% 4.27%
16
 JP Morgan
1,911 16.96% 8.80% 13.41% 3.55%
17
 Barclays Bank PLC
1,508 10.01% 8.70% 8.01% 2.00%
18
 Nomura Securities
301 8.40% 3.35% 8.60% -0.20%
19
 Merrill Lynch
2,125 11.30% 11.95% 12.21% -0.91%
20
 Citigroup Investment Research
1,865 13.23% 6.98% 16.37% -3.14%
21
 BMO Capital Markets
1,116 16.28% 8.63% 20.75% -4.47%
22
 Societe Generale
114 11.40% 15.72% 18.71% -7.31%
23
 HSBC
433 16.02% 16.94% 23.55% -7.53%
24
 UBS
1,664 12.31% 8.56% 33.55% -21.24%
25
 CLSA
88 18.42% -3.49% 57.19% -38.77%