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 4.65% 6.33% -39.10% 43.75%
2
 TD Securities
823 -3.11% -9.62% -29.17% 26.06%
3
 Northland Capital Markets
159 -14.94% -10.42% -36.00% 21.06%
4
 Exane BNP Paribas
334 -2.24% -1.79% -18.95% 16.71%
5
 BMO Capital Markets
887 -0.56% -6.34% -13.70% 13.14%
6
 Nomura Securities
251 1.11% -6.22% -11.36% 12.47%
7
 Piper Sandler
1,118 -4.06% -2.27% -13.33% 9.27%
8
 Sidoti & Co
259 -8.76% -5.12% -17.30% 8.54%
9
 Deutsche Bank
1,024 -3.25% -4.98% -11.72% 8.47%
10
 CLSA
33 -1.07% -20.34% -9.31% 8.24%
11
 Janney Montgomery Scott LLC
296 9.00% 5.46% 0.86% 8.14%
12
 Goldman Sachs
1,218 -2.17% -4.52% -9.49% 7.32%
13
 Merrill Lynch
1,543 -0.17% -6.51% -6.61% 6.44%
14
 Credit Suisse
1,118 -0.97% -2.81% -7.28% 6.31%
15
 CFRA Research
829 0.15% -2.36% -5.98% 6.13%
16
 Morgan Stanley
1,283 -1.44% -4.31% -7.50% 6.06%
17
 JP Morgan
1,392 0.26% -6.63% -5.32% 5.58%
18
 Argus Research Co
469 2.28% -4.81% 0.12% 2.16%
19
 Barclays Bank PLC
1,136 -1.36% -3.00% -3.47% 2.11%
20
 Citigroup Investment Research
1,390 -2.91% -4.93% -3.58% 0.67%
21
 UBS
1,264 -2.16% -5.48% 0.25% -2.41%
22
 Macquarie Group
345 -1.19% -2.48% 1.58% -2.77%
23
 Maxim Group LLC
170 -11.39% -32.04%
24
 HSBC
307 -4.74% -1.86% 8.85% -13.59%
25
 Societe Generale
102 -16.69% 1.99% 3.62% -20.31%