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
 Maxim Group LLC
250 71.59% 87.89% -37.00% 108.59%
2
 Janney Montgomery Scott LLC
370 61.30% 64.01% -0.27% 61.57%
3
 CLSA
27 52.72% -1.20% 8.36% 44.36%
4
 Societe Generale
97 58.57% 61.61% 24.54% 34.03%
5
 Sidoti & Co
254 63.84% 69.49% 30.87% 32.97%
6
 Northland Capital Markets
268 64.88% 52.26% 43.50% 21.38%
7
 Exane BNP Paribas
146 51.19% 52.91% 36.17% 15.02%
8
 Nomura Securities
265 53.81% 69.16% 58.35% -4.54%
9
 HSBC
144 45.10% 41.01% 51.28% -6.18%
10
 BMO Capital Markets
853 49.86% 67.84% 57.10% -7.24%
11
 Deutsche Bank
1,084 54.96% 64.25% 66.54% -11.58%
12
 Morgan Stanley
1,230 48.83% 52.17% 65.09% -16.26%
13
 Goldman Sachs
1,309 50.28% 52.61% 67.97% -17.69%
14
 Merrill Lynch
1,521 48.42% 48.20% 81.31% -32.89%
15
 JP Morgan
1,421 45.96% 54.21% 80.02% -34.06%
16
 Barclays Bank PLC
1,050 51.62% 53.49% 88.90% -37.28%
17
 Citigroup Investment Research
1,353 49.54% 63.77% 87.56% -38.02%
18
 UBS
988 49.83% 53.30% 91.00% -41.17%
19
 Piper Sandler
1,089 54.87% 69.54% 96.64% -41.77%
20
 CFRA Research
986 47.21% 56.08% 92.53% -45.32%
21
 CIBC
114 46.32% 46.63% 110.78% -64.46%
22
 Credit Suisse
1,086 52.80% 54.20% 117.60% -64.80%
23
 Macquarie Group
360 50.65% 84.83% 126.71% -76.06%
24
 Argus Research Co
486 40.05% 57.33% 323.92% -283.87%
25
 TD Securities
138 49.43% 66.04% 392.46% -343.03%