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
 Sidoti & Co
259 14.41% 8.81% -25.60% 40.01%
2
 CIBC
125 17.32% 19.20% -16.47% 33.79%
3
 Northland Capital Markets
160 20.25% 11.32% -10.16% 30.41%
4
 TD Securities
808 18.73% 13.21% -8.75% 27.48%
5
 Exane BNP Paribas
328 17.13% 14.72% -0.27% 17.40%
6
 Janney Montgomery Scott LLC
294 19.70% 12.86% 4.29% 15.41%
7
 Goldman Sachs
1,215 17.02% 15.13% 4.88% 12.14%
8
 Deutsche Bank
1,017 16.74% 12.03% 4.86% 11.88%
9
 Nomura Securities
251 26.33% 17.21% 17.82% 8.51%
10
 Morgan Stanley
1,277 18.13% 11.31% 11.42% 6.71%
11
 CFRA Research
839 21.57% 15.42% 15.32% 6.25%
12
 Maxim Group LLC
170 6.19% -8.50%
13
 Piper Sandler
1,113 14.47% 51.57% 9.26% 5.21%
14
 Merrill Lynch
1,539 17.75% 9.50% 12.89% 4.86%
15
 UBS
1,255 18.98% 14.09% 14.98% 4.00%
16
 JP Morgan
1,386 17.72% 38.61% 13.92% 3.80%
17
 Barclays Bank PLC
1,130 18.35% 12.78% 15.11% 3.24%
18
 HSBC
307 10.41% 12.71% 8.89% 1.52%
19
 Citigroup Investment Research
1,383 16.46% 37.50% 15.37% 1.09%
20
 Credit Suisse
1,118 17.04% 13.79% 16.79% 0.25%
21
 CLSA
30 9.90% -10.84% 10.75% -0.85%
22
 Macquarie Group
346 18.58% 16.15% 20.41% -1.83%
23
 BMO Capital Markets
874 15.07% 53.02% 22.63% -7.56%
24
 Societe Generale
102 3.68% 13.92% 13.41% -9.73%
25
 Argus Research Co
469 21.58% 13.67% 47.84% -26.26%