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
 Argus Research Co
484 7.92% 6.95% -50.18% 58.10%
2
 Sidoti & Co
259 5.59% 1.24% -45.80% 51.39%
3
 Nomura Securities
360 15.28% 9.85% -13.91% 29.19%
4
 BMO Capital Markets
872 15.65% 6.92% -11.02% 26.67%
5
 Macquarie Group
515 8.11% -0.13% -5.56% 13.67%
6
 Societe Generale
112 -7.53% -19.10% -17.02% 9.49%
7
 Goldman Sachs
1,358 11.28% 14.76% 3.45% 7.83%
8
 Citigroup Investment Research
1,468 14.68% 7.64% 8.11% 6.57%
9
 JP Morgan
1,516 16.29% 7.76% 9.89% 6.40%
10
 Credit Suisse
1,228 9.47% 8.75% 3.29% 6.18%
11
 Barclays Bank PLC
1,049 7.16% 2.89% 3.00% 4.16%
12
 Northland Capital Markets
243 17.97% 18.68% 14.32% 3.65%
13
 Merrill Lynch
1,634 10.20% 7.66% 6.85% 3.35%
14
 Morgan Stanley
1,258 12.49% 9.33% 9.57% 2.92%
15
 UBS
966 5.86% 7.24% 3.84% 2.02%
16
 CLSA
154 9.09% 1.11% 8.11% 0.98%
17
 CFRA Research
1,027 4.00% 4.64% 6.91% -2.91%
18
 Exane BNP Paribas
112 0.54% 9.10% 3.49% -2.95%
19
 Deutsche Bank
1,203 8.45% 6.03% 11.67% -3.22%
20
 HSBC
206 -3.98% 6.50% 4.31% -8.29%
21
 CIBC
107 -1.96% 33.34% 11.28% -13.24%
22
 Piper Sandler
1,058 14.45% 1.52% 27.71% -13.26%
23
 Janney Montgomery Scott LLC
404 -9.54% -15.05% 12.05% -21.59%
24
 Maxim Group LLC
234 29.54% 48.23% 139.40% -109.86%
25
 TD Securities
134 -6.52% 20.50% 148.62% -155.14%