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 10.67% -1.50% -28.58% 39.25%
2
 Argus Research Co
475 24.31% 20.12% 4.13% 20.18%
3
 Exane BNP Paribas
293 23.79% 20.07% 5.98% 17.81%
4
 Janney Montgomery Scott LLC
281 16.84% 14.48% 0.56% 16.28%
5
 Piper Sandler
1,094 24.03% 54.24% 8.08% 15.95%
6
 Macquarie Group
336 17.78% 17.73% 7.55% 10.23%
7
 Goldman Sachs
1,191 22.45% 21.80% 13.78% 8.67%
8
 CFRA Research
844 25.53% 19.04% 17.35% 8.18%
8
 CIBC
122 17.43% 18.28% 9.25% 8.18%
10
 Barclays Bank PLC
1,105 24.68% 13.55% 16.95% 7.73%
11
 Credit Suisse
1,120 19.78% 17.96% 13.78% 6.00%
12
 UBS
1,188 22.50% 18.82% 16.60% 5.90%
13
 Deutsche Bank
998 22.82% 17.68% 17.00% 5.82%
14
 Merrill Lynch
1,517 20.11% 18.86% 15.78% 4.33%
15
 Morgan Stanley
1,259 19.96% 18.48% 18.04% 1.92%
16
 Nomura Securities
250 23.52% 30.84% 23.61% -0.09%
17
 Sidoti & Co
260 24.92% 5.94% 29.62% -4.70%
18
 HSBC
300 17.11% 19.06% 22.01% -4.90%
19
 Maxim Group LLC
167 -5.59% -4.90%
20
 Citigroup Investment Research
1,369 22.03% 46.29% 28.91% -6.88%
21
 JP Morgan
1,381 18.96% 52.44% 25.86% -6.90%
22
 Societe Generale
102 15.45% 22.48% 24.54% -9.09%
23
 TD Securities
742 25.51% 20.54% 37.90% -12.39%
24
 CLSA
27 12.43% 33.02% -20.59%
25
 BMO Capital Markets
862 16.77% 56.90% 41.35% -24.58%