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
 CIBC
125 25.17% 20.36% -10.70% 35.87%
2
 Sidoti & Co
258 19.93% 10.40% -13.58% 33.51%
3
 Janney Montgomery Scott LLC
289 30.29% 21.39% 2.19% 28.10%
4
 Northland Capital Markets
160 10.35% 13.74% -10.16% 20.51%
5
 Exane BNP Paribas
321 26.73% 23.13% 6.83% 19.90%
6
 Deutsche Bank
1,003 27.43% 21.00% 8.85% 18.58%
7
 Argus Research Co
473 30.16% 26.24% 12.34% 17.82%
8
 TD Securities
793 28.63% 16.28% 13.28% 15.35%
9
 Goldman Sachs
1,205 26.71% 20.67% 13.10% 13.61%
10
 Barclays Bank PLC
1,122 30.97% 19.72% 18.37% 12.60%
11
 Piper Sandler
1,098 19.26% 60.96% 9.43% 9.83%
12
 UBS
1,213 29.01% 20.48% 20.07% 8.94%
13
 CFRA Research
841 28.64% 23.15% 20.67% 7.97%
14
 Nomura Securities
250 34.85% 32.41% 26.96% 7.89%
15
 Morgan Stanley
1,263 23.82% 19.15% 17.45% 6.37%
16
 Merrill Lynch
1,529 25.86% 20.51% 19.63% 6.23%
17
 Credit Suisse
1,118 22.91% 19.30% 17.22% 5.69%
18
 JP Morgan
1,388 27.84% 46.70% 23.67% 4.17%
19
 HSBC
304 17.09% 24.83% 13.72% 3.37%
20
 Maxim Group LLC
170 0.57% -4.44%
21
 Citigroup Investment Research
1,374 21.02% 45.63% 24.54% -3.52%
22
 BMO Capital Markets
866 23.90% 59.10% 29.36% -5.46%
23
 Macquarie Group
343 23.29% 19.04% 31.51% -8.22%
24
 Societe Generale
102 3.10% 20.61% 17.07% -13.97%
25
 CLSA
28 16.92% 39.78% -22.86%