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
155 6.00% -4.94% -20.46% 26.46%
2
 Argus Research Co
476 20.93% 15.55% -5.50% 26.43%
3
 Piper Sandler
1,091 21.78% 49.35% 0.74% 21.04%
4
 Exane BNP Paribas
291 19.89% 16.26% 0.72% 19.17%
5
 Deutsche Bank
994 21.23% 15.12% 6.71% 14.52%
6
 Janney Montgomery Scott LLC
281 14.82% 9.79% 2.01% 12.81%
7
 CFRA Research
847 23.57% 15.38% 12.61% 10.96%
8
 Barclays Bank PLC
1,106 21.75% 11.13% 10.81% 10.94%
9
 Macquarie Group
336 18.22% 15.06% 7.44% 10.78%
10
 UBS
1,187 19.02% 16.53% 10.30% 8.72%
11
 Goldman Sachs
1,190 20.61% 19.82% 13.07% 7.54%
12
 CIBC
122 12.62% 11.94% 5.74% 6.88%
13
 Credit Suisse
1,120 18.00% 15.69% 11.41% 6.59%
14
 Merrill Lynch
1,516 17.41% 14.58% 12.71% 4.70%
15
 Citigroup Investment Research
1,368 20.72% 43.78% 20.53% 0.19%
16
 Morgan Stanley
1,257 18.47% 15.08% 18.36% 0.11%
17
 HSBC
296 15.68% 16.75% 17.33% -1.65%
18
 JP Morgan
1,386 17.40% 48.16% 20.88% -3.48%
19
 Societe Generale
102 13.91% 20.07% 19.45% -5.54%
20
 Nomura Securities
250 23.51% 29.06% 31.97% -8.46%
21
 Maxim Group LLC
166 -8.67% -14.02%
22
 TD Securities
729 19.51% 15.76% 29.56% -10.05%
23
 BMO Capital Markets
862 13.95% 53.49% 34.16% -20.21%
24
 CLSA
27 11.88% 33.67% -21.79%
25
 Sidoti & Co
261 20.18% -0.06% 77.71% -57.53%