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
163 7.35% 5.17% -49.61% 56.96%
2
 CIBC
125 15.58% 18.14% -31.51% 47.09%
3
 TD Securities
840 9.62% 1.85% -13.15% 22.77%
4
 Exane BNP Paribas
336 10.10% 9.87% -5.86% 15.96%
5
 Deutsche Bank
1,023 8.99% 5.17% -6.64% 15.63%
6
 Janney Montgomery Scott LLC
296 16.72% 13.16% 3.89% 12.83%
7
 Nomura Securities
251 10.55% 4.56% -2.06% 12.61%
8
 CFRA Research
823 13.93% 9.71% 3.30% 10.63%
9
 JP Morgan
1,399 13.10% 5.87% 6.33% 6.77%
10
 Credit Suisse
1,116 9.48% 9.21% 3.11% 6.37%
11
 BMO Capital Markets
894 10.70% 5.12% 4.55% 6.15%
12
 CLSA
34 15.40% -22.12% 10.71% 4.69%
13
 Merrill Lynch
1,547 10.90% 5.19% 6.38% 4.52%
14
 Piper Sandler
1,118 8.78% 7.54% 4.65% 4.13%
15
 Morgan Stanley
1,284 10.50% 6.96% 6.44% 4.06%
16
 Goldman Sachs
1,219 9.48% 9.55% 5.90% 3.58%
17
 UBS
1,264 8.54% 6.97% 6.82% 1.72%
18
 Citigroup Investment Research
1,396 9.68% 6.20% 8.38% 1.30%
19
 Barclays Bank PLC
1,142 9.17% 8.31% 8.37% 0.80%
20
 Argus Research Co
468 13.44% 5.43% 21.00% -7.56%
21
 HSBC
309 7.71% 11.09% 18.56% -10.85%
22
 Sidoti & Co
261 0.73% 3.54% 14.47% -13.74%
23
 Macquarie Group
345 13.19% 13.27% 27.07% -13.88%
24
 Societe Generale
102 -6.71% 12.96% 10.93% -17.64%