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 35.71% 22.39% -53.05% 88.76%
2
 Sidoti & Co
261 13.03% 12.46% -65.63% 78.66%
3
 Argus Research Co
500 16.13% 5.34% -34.71% 50.84%
4
 CIBC
148 29.17% 36.23% -5.56% 34.73%
5
 Maxim Group LLC
170 24.62% -6.55%
6
 TD Securities
1,228 24.17% 15.44% 4.65% 19.52%
7
 UBS
1,678 16.79% 11.42% 1.29% 15.50%
8
 Janney Montgomery Scott LLC
326 13.23% 4.28% 0.00% 13.23%
9
 Societe Generale
112 27.09% 14.64% 16.70% 10.39%
10
 Exane BNP Paribas
408 15.99% 10.90% 5.63% 10.36%
11
 Deutsche Bank
1,264 16.12% 6.79% 7.53% 8.59%
12
 Goldman Sachs
1,748 15.79% 14.26% 12.78% 3.01%
13
 Macquarie Group
435 12.47% 13.27% 9.95% 2.52%
14
 Barclays Bank PLC
1,521 14.27% 11.83% 13.47% 0.80%
15
 JP Morgan
1,923 18.98% 13.23% 18.43% 0.55%
16
 Credit Suisse
1,436 15.15% 11.45% 15.86% -0.71%
17
 CFRA Research
887 12.39% 13.24% 13.36% -0.97%
18
 Morgan Stanley
1,794 13.77% 11.82% 15.31% -1.54%
19
 Citigroup Investment Research
1,857 19.02% 9.30% 21.97% -2.95%
20
 Merrill Lynch
2,121 14.26% 15.33% 17.28% -3.02%
21
 Piper Sandler
1,468 18.39% 9.65% 28.57% -10.18%
22
 Nomura Securities
301 9.40% 9.33% 21.43% -12.03%
23
 HSBC
436 18.54% 14.81% 31.81% -13.27%
24
 BMO Capital Markets
1,115 18.55% 15.28% 40.81% -22.26%
25
 CLSA
89 10.99% -18.88% 58.68% -47.69%