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
274 37.46% 21.03% -49.93% 87.39%
2
 Sidoti & Co
262 14.80% 14.35% -59.70% 74.50%
3
 Argus Research Co
500 20.21% 9.12% -33.98% 54.19%
4
 CIBC
149 38.51% 46.01% -0.12% 38.63%
5
 TD Securities
1,230 27.72% 18.45% 10.26% 17.46%
6
 Janney Montgomery Scott LLC
327 15.82% 7.42% 0.00% 15.82%
7
 Exane BNP Paribas
408 20.90% 14.33% 7.49% 13.41%
8
 UBS
1,683 21.18% 14.60% 8.16% 13.02%
9
 Societe Generale
114 29.22% 15.85% 20.25% 8.97%
10
 Deutsche Bank
1,270 18.95% 10.28% 11.63% 7.32%
11
 Goldman Sachs
1,761 19.66% 17.65% 14.53% 5.13%
12
 CFRA Research
889 17.94% 17.69% 13.79% 4.15%
13
 JP Morgan
1,932 23.29% 17.70% 21.11% 2.18%
14
 Macquarie Group
438 17.67% 17.23% 16.58% 1.09%
15
 Credit Suisse
1,445 18.74% 15.71% 18.28% 0.46%
16
 Morgan Stanley
1,809 17.85% 14.55% 18.10% -0.25%
17
 Barclays Bank PLC
1,530 17.82% 14.73% 18.35% -0.53%
18
 Piper Sandler
1,480 20.43% 12.48% 22.14% -1.71%
19
 Merrill Lynch
2,134 18.01% 19.16% 21.12% -3.11%
20
 Citigroup Investment Research
1,878 21.81% 12.89% 27.52% -5.71%
21
 Nomura Securities
301 9.91% 13.76% 22.30% -12.39%
22
 BMO Capital Markets
1,119 24.20% 19.15% 40.40% -16.20%
23
 HSBC
437 21.38% 18.13% 37.97% -16.59%
24
 CLSA
89 14.30% -14.99% 54.51% -40.21%