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
 Argus Research Co
479 -0.50% -6.72% -50.90% 50.40%
2
 Nomura Securities
376 2.91% -4.10% -25.24% 28.15%
3
 Sidoti & Co
262 -8.69% 1.16% -30.92% 22.23%
4
 BMO Capital Markets
873 2.81% -3.19% -12.13% 14.94%
5
 Macquarie Group
549 -2.00% -10.30% -13.07% 11.07%
6
 Societe Generale
117 -14.78% -19.94% -25.65% 10.87%
7
 Goldman Sachs
1,351 -0.83% 2.66% -8.39% 7.56%
8
 Merrill Lynch
1,653 -1.99% -5.85% -5.23% 3.24%
9
 UBS
963 -3.01% -4.68% -5.87% 2.86%
10
 CFRA Research
1,029 -5.43% -4.36% -8.11% 2.68%
11
 Exane BNP Paribas
112 -7.08% 1.02% -9.55% 2.47%
12
 CLSA
179 0.19% -6.15% -1.43% 1.62%
13
 Morgan Stanley
1,253 -0.44% -2.88% -1.08% 0.64%
14
 JP Morgan
1,511 3.83% -3.95% 3.20% 0.63%
15
 Credit Suisse
1,252 -4.36% -2.94% -3.99% -0.37%
16
 Barclays Bank PLC
1,030 -5.12% -8.01% -4.16% -0.96%
17
 Citigroup Investment Research
1,466 1.36% -3.38% 3.32% -1.96%
18
 Deutsche Bank
1,212 -4.34% -4.85% 0.67% -5.01%
19
 Northland Capital Markets
238 6.28% 17.81% 20.92% -14.64%
20
 Janney Montgomery Scott LLC
406 -16.08% -20.00% 2.99% -19.07%
21
 HSBC
211 -12.96% -6.86% 11.73% -24.69%
22
 CIBC
109 -12.33% 12.84% 37.10% -49.43%
23
 Piper Sandler
1,024 0.19% -10.61% 51.54% -51.35%
24
 Maxim Group LLC
236 7.53% 32.56% 133.79% -126.26%
25
 TD Securities
128 -15.17% 5.41% 120.57% -135.74%