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
 Sidoti & Co
259 24.85% 15.98% -26.11% 50.96%
2
 TD Securities
797 28.55% 17.03% -9.20% 37.75%
3
 CIBC
125 22.66% 19.81% -13.03% 35.69%
4
 Northland Capital Markets
159 22.89% 19.76% -10.16% 33.05%
5
 Janney Montgomery Scott LLC
291 31.46% 25.76% 3.02% 28.44%
6
 Exane BNP Paribas
328 25.53% 19.23% 5.41% 20.12%
7
 Deutsche Bank
1,005 25.65% 19.06% 11.73% 13.92%
8
 Goldman Sachs
1,210 25.74% 21.05% 12.26% 13.48%
9
 Piper Sandler
1,107 25.01% 62.76% 12.90% 12.11%
10
 CFRA Research
835 30.07% 22.26% 19.21% 10.86%
11
 UBS
1,245 27.51% 19.65% 18.91% 8.60%
12
 Barclays Bank PLC
1,127 28.50% 18.08% 20.33% 8.17%
13
 Morgan Stanley
1,267 24.87% 18.59% 16.72% 8.15%
14
 HSBC
306 17.20% 19.36% 9.96% 7.24%
15
 Maxim Group LLC
170 5.50% -4.39%
16
 Merrill Lynch
1,534 25.23% 18.17% 20.00% 5.23%
17
 JP Morgan
1,385 26.10% 48.25% 21.27% 4.83%
18
 Credit Suisse
1,118 24.28% 19.91% 19.53% 4.75%
19
 Argus Research Co
472 30.00% 21.29% 29.10% 0.90%
20
 Nomura Securities
250 35.53% 28.21% 35.34% 0.19%
21
 Citigroup Investment Research
1,376 25.19% 43.86% 26.57% -1.38%
22
 BMO Capital Markets
866 22.79% 60.96% 28.52% -5.73%
23
 CLSA
30 12.65% -10.84% 20.37% -7.72%
24
 Macquarie Group
343 24.60% 21.31% 34.97% -10.37%
25
 Societe Generale
102 4.02% 20.23% 20.26% -16.24%