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 29.57% 11.75% -49.48% 79.05%
2
 CIBC
147 21.39% 23.44% -28.89% 50.28%
3
 Argus Research Co
501 12.32% 0.89% -31.46% 43.78%
4
 Sidoti & Co
265 0.81% 0.95% -35.32% 36.13%
5
 Exane BNP Paribas
394 14.84% 7.70% -1.76% 16.60%
6
 CFRA Research
897 12.79% 9.05% -2.31% 15.10%
7
 Deutsche Bank
1,264 10.38% 3.96% -3.97% 14.35%
8
 TD Securities
1,188 15.01% 9.48% 0.97% 14.04%
9
 Maxim Group LLC
170 11.23% -7.13%
10
 Credit Suisse
1,448 12.88% 8.63% 4.95% 7.93%
11
 Macquarie Group
438 14.60% 14.15% 10.15% 4.45%
12
 Piper Sandler
1,474 8.72% 7.14% 4.58% 4.14%
13
 Goldman Sachs
1,735 11.15% 11.54% 7.14% 4.01%
14
 Janney Montgomery Scott LLC
330 5.84% 2.77% 2.48% 3.36%
15
 Morgan Stanley
1,793 13.85% 6.82% 10.91% 2.94%
16
 JP Morgan
1,904 14.74% 7.60% 14.03% 0.71%
17
 Nomura Securities
301 11.79% 5.08% 12.08% -0.29%
18
 Barclays Bank PLC
1,488 9.13% 8.11% 9.59% -0.46%
19
 Merrill Lynch
2,120 10.97% 9.95% 11.76% -0.79%
20
 BMO Capital Markets
1,097 13.45% 6.56% 15.54% -2.09%
21
 Citigroup Investment Research
1,854 12.09% 7.58% 17.53% -5.44%
22
 HSBC
430 16.26% 17.10% 23.36% -7.10%
23
 Societe Generale
114 7.30% 14.42% 17.53% -10.23%
24
 CLSA
88 23.91% -12.69% 47.95% -24.04%
25
 UBS
1,647 11.06% 8.51% 36.12% -25.06%