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
261 12.96% 6.46% -51.45% 64.41%
2
 Argus Research Co
487 11.03% 10.13% -46.32% 57.35%
3
 BMO Capital Markets
870 22.02% 10.54% -8.08% 30.10%
4
 Maxim Group LLC
237 35.35% 38.99% 7.01% 28.34%
5
 Nomura Securities
348 21.04% 13.54% -5.91% 26.95%
6
 Macquarie Group
499 11.56% 2.80% -5.14% 16.70%
7
 Societe Generale
111 -7.96% -18.28% -18.27% 10.31%
8
 Goldman Sachs
1,366 17.66% 20.47% 8.90% 8.76%
9
 JP Morgan
1,544 22.30% 11.40% 14.28% 8.02%
10
 Barclays Bank PLC
1,054 13.02% 7.18% 5.63% 7.39%
11
 Northland Capital Markets
263 36.06% 31.88% 29.14% 6.92%
12
 Merrill Lynch
1,649 15.67% 11.16% 9.33% 6.34%
13
 Citigroup Investment Research
1,474 21.11% 11.66% 16.74% 4.37%
14
 Credit Suisse
1,221 13.63% 12.01% 9.46% 4.17%
15
 Deutsche Bank
1,205 12.30% 9.50% 9.23% 3.07%
16
 UBS
989 10.79% 12.43% 7.96% 2.83%
17
 Morgan Stanley
1,286 19.07% 14.20% 16.83% 2.24%
18
 CLSA
104 12.25% -5.16% 10.40% 1.85%
19
 Piper Sandler
1,094 25.35% 6.72% 24.27% 1.08%
20
 CFRA Research
1,028 8.01% 8.88% 9.77% -1.76%
21
 HSBC
204 -4.81% 4.43% 1.79% -6.60%
22
 Exane BNP Paribas
126 3.48% 9.29% 13.77% -10.29%
23
 Janney Montgomery Scott LLC
407 -4.56% -10.41% 9.24% -13.80%
24
 CIBC
109 6.01% 37.99% 31.47% -25.46%
25
 TD Securities
133 -0.63% 25.98% 167.73% -168.36%