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 5.15% 3.90% -42.55% 47.70%
2
 TD Securities
824 0.10% -5.82% -24.65% 24.75%
3
 Northland Capital Markets
160 -11.97% -7.39% -33.57% 21.60%
4
 Exane BNP Paribas
335 3.71% 1.83% -13.27% 16.98%
5
 Nomura Securities
251 6.75% -2.40% -9.38% 16.13%
6
 Sidoti & Co
262 -5.54% -3.32% -19.87% 14.33%
7
 Deutsche Bank
1,023 1.09% -0.14% -12.56% 13.65%
8
 BMO Capital Markets
889 2.43% -2.96% -9.27% 11.70%
9
 CLSA
33 3.49% -14.23% -8.12% 11.61%
10
 Janney Montgomery Scott LLC
296 11.63% 8.50% 1.41% 10.22%
11
 JP Morgan
1,394 4.89% -2.64% -4.39% 9.28%
12
 CFRA Research
826 6.54% 3.17% -2.42% 8.96%
13
 Goldman Sachs
1,217 2.52% 0.27% -5.58% 8.10%
14
 Morgan Stanley
1,283 3.93% -0.26% -3.86% 7.79%
15
 Credit Suisse
1,117 3.01% 1.50% -3.91% 6.92%
16
 Merrill Lynch
1,543 3.93% -3.01% -2.00% 5.93%
17
 Piper Sandler
1,118 -0.51% 1.66% -5.44% 4.93%
18
 Barclays Bank PLC
1,137 2.37% 1.17% 0.11% 2.26%
19
 Argus Research Co
469 7.18% -0.40% 5.60% 1.58%
20
 Citigroup Investment Research
1,396 1.73% -0.80% 1.42% 0.31%
21
 UBS
1,265 2.56% -0.77% 2.81% -0.25%
22
 Macquarie Group
345 5.07% 4.54% 9.21% -4.14%
23
 HSBC
308 -0.46% 3.27% 9.44% -9.90%
24
 Maxim Group LLC
170 -11.91% -31.48%
25
 Societe Generale
102 -13.62% 6.03% 4.69% -18.31%