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
163 12.51% 9.72% -49.61% 62.12%
2
 CIBC
125 15.11% 17.51% -27.89% 43.00%
3
 Janney Montgomery Scott LLC
297 21.01% 17.78% 4.66% 16.35%
4
 TD Securities
841 11.27% 7.52% -4.83% 16.10%
5
 Deutsche Bank
1,022 12.04% 8.28% -3.77% 15.81%
6
 Maxim Group LLC
170 14.16% -27.11%
7
 Nomura Securities
251 13.59% 8.59% 0.43% 13.16%
8
 Exane BNP Paribas
335 11.42% 12.88% 1.00% 10.42%
9
 CFRA Research
824 15.44% 13.34% 7.63% 7.81%
10
 Credit Suisse
1,115 11.64% 11.96% 5.45% 6.19%
11
 Argus Research Co
467 15.60% 10.30% 9.98% 5.62%
12
 JP Morgan
1,399 15.35% 9.05% 11.27% 4.08%
13
 Merrill Lynch
1,546 13.11% 8.80% 10.57% 2.54%
14
 Goldman Sachs
1,222 12.10% 11.80% 9.91% 2.19%
15
 UBS
1,264 11.26% 10.00% 9.80% 1.46%
16
 BMO Capital Markets
893 12.33% 9.17% 11.64% 0.69%
17
 Citigroup Investment Research
1,395 12.47% 9.49% 12.22% 0.25%
18
 Morgan Stanley
1,283 12.24% 9.96% 12.00% 0.24%
19
 Barclays Bank PLC
1,144 11.71% 11.28% 12.29% -0.58%
20
 Piper Sandler
1,118 11.66% 11.30% 13.17% -1.51%
21
 CLSA
34 15.00% -22.16% 20.47% -5.47%
22
 HSBC
309 9.66% 13.46% 18.24% -8.58%
23
 Macquarie Group
345 17.32% 16.33% 26.37% -9.05%
24
 Sidoti & Co
260 4.67% 8.94% 19.72% -15.05%
25
 Societe Generale
102 -4.59% 14.82% 11.25% -15.84%