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
271 14.58% 5.52% -51.20% 65.78%
2
 Sidoti & Co
264 3.01% 1.49% -49.32% 52.33%
3
 CIBC
149 30.61% 37.33% -15.74% 46.35%
4
 Argus Research Co
499 16.87% 5.30% -29.43% 46.30%
5
 Exane BNP Paribas
398 18.28% 13.09% -1.27% 19.55%
6
 Maxim Group LLC
170 19.49% -16.73%
7
 TD Securities
1,207 19.68% 12.39% 5.61% 14.07%
8
 CFRA Research
894 16.28% 12.01% 3.27% 13.01%
9
 Deutsche Bank
1,269 14.81% 6.79% 3.21% 11.60%
10
 Janney Montgomery Scott LLC
330 10.48% 3.48% 0.00% 10.48%
11
 JP Morgan
1,920 21.20% 11.95% 14.79% 6.41%
12
 Credit Suisse
1,448 15.57% 11.06% 9.27% 6.30%
13
 Goldman Sachs
1,757 16.13% 14.90% 10.32% 5.81%
14
 Morgan Stanley
1,804 16.20% 10.64% 11.69% 4.51%
15
 Piper Sandler
1,480 13.59% 8.63% 9.17% 4.42%
16
 Macquarie Group
438 15.25% 14.59% 12.10% 3.15%
17
 Barclays Bank PLC
1,514 13.85% 12.09% 11.34% 2.51%
18
 Merrill Lynch
2,129 15.26% 15.42% 14.21% 1.05%
19
 Citigroup Investment Research
1,874 16.62% 9.42% 17.21% -0.59%
20
 Nomura Securities
301 11.95% 7.60% 13.55% -1.60%
21
 BMO Capital Markets
1,116 20.51% 13.03% 24.63% -4.12%
22
 HSBC
433 20.94% 20.57% 27.61% -6.67%
23
 Societe Generale
114 15.30% 18.90% 24.31% -9.01%
24
 UBS
1,670 16.41% 11.85% 35.49% -19.08%
25
 CLSA
88 21.61% -4.37% 64.55% -42.94%