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
264 9.17% 4.87% -42.14% 51.31%
2
 CIBC
119 5.25% 6.39% -34.22% 39.47%
3
 Janney Montgomery Scott LLC
356 -1.38% 1.57% -24.60% 23.22%
4
 Piper Sandler
1,073 3.23% 10.16% -17.04% 20.27%
5
 Argus Research Co
481 2.02% 2.96% -7.91% 9.93%
6
 TD Securities
141 5.74% 11.93% -1.77% 7.51%
7
 Macquarie Group
338 1.84% 5.06% -4.58% 6.42%
8
 UBS
1,044 6.10% 4.91% 1.74% 4.36%
9
 Nomura Securities
251 -1.82% 1.25% -3.47% 1.65%
10
 Exane BNP Paribas
214 0.85% 2.47% -0.42% 1.27%
11
 Citigroup Investment Research
1,320 6.02% 5.39% 5.72% 0.30%
12
 CFRA Research
882 1.72% 4.46% 3.92% -2.20%
13
 Merrill Lynch
1,488 3.16% 8.47% 6.43% -3.27%
14
 Goldman Sachs
1,180 4.22% 5.51% 7.89% -3.67%
15
 Barclays Bank PLC
1,044 2.63% 6.41% 7.70% -5.07%
16
 JP Morgan
1,394 5.69% 8.01% 11.06% -5.37%
17
 Societe Generale
100 11.01% 3.74% 16.61% -5.60%
18
 BMO Capital Markets
840 2.25% 7.11% 8.77% -6.52%
19
 Credit Suisse
1,132 3.82% 8.99% 11.12% -7.30%
20
 HSBC
147 2.91% 6.13% 11.15% -8.24%
21
 Morgan Stanley
1,246 1.49% 6.23% 12.93% -11.44%
22
 Deutsche Bank
933 1.30% 4.19% 21.46% -20.16%
23
 Maxim Group LLC
160 -23.91% -19.88%
24
 Northland Capital Markets
268 -8.11% 2.25% 23.35% -31.46%
25
 CLSA
26 -8.71% 31.09% -39.80%