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
 Maxim Group LLC
230 72.94% 91.45% -8.93% 81.87%
2
 Sidoti & Co
265 38.47% 24.34% -32.34% 70.81%
3
 Nomura Securities
291 42.65% 36.19% 10.30% 32.35%
4
 Societe Generale
99 16.75% 4.73% -14.21% 30.96%
5
 Macquarie Group
434 31.42% 28.06% 16.86% 14.56%
6
 BMO Capital Markets
860 34.41% 31.56% 28.88% 5.53%
7
 Goldman Sachs
1,276 33.31% 37.98% 32.74% 0.57%
8
 HSBC
155 17.07% 18.79% 17.92% -0.85%
9
 Northland Capital Markets
254 64.51% 51.34% 67.42% -2.91%
10
 Credit Suisse
1,109 30.52% 32.89% 33.45% -2.93%
11
 CLSA
38 25.90% -19.66% 29.87% -3.97%
12
 Barclays Bank PLC
1,027 28.01% 26.62% 33.36% -5.35%
13
 Citigroup Investment Research
1,355 35.88% 33.12% 41.99% -6.11%
14
 Morgan Stanley
1,188 34.06% 34.04% 44.10% -10.04%
15
 Merrill Lynch
1,502 29.84% 28.10% 39.98% -10.14%
16
 Exane BNP Paribas
134 18.73% 31.98% 29.18% -10.45%
17
 JP Morgan
1,412 33.80% 31.71% 45.97% -12.17%
18
 UBS
945 23.36% 30.28% 39.57% -16.21%
19
 Deutsche Bank
1,107 33.78% 29.65% 50.66% -16.88%
20
 CFRA Research
1,014 20.17% 26.45% 46.86% -26.69%
21
 Piper Sandler
1,077 42.45% 38.77% 72.01% -29.56%
22
 Janney Montgomery Scott LLC
379 14.63% 11.79% 58.70% -44.07%
23
 CIBC
108 18.98% 62.73% 109.10% -90.12%
24
 Argus Research Co
482 19.62% 29.29% 125.31% -105.69%
25
 TD Securities
133 11.87% 48.96% 374.88% -363.01%