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 35.26% 21.04% -47.21% 82.47%
2
 Sidoti & Co
262 16.59% 14.50% -57.72% 74.31%
3
 Argus Research Co
500 19.91% 9.99% -32.43% 52.34%
4
 CIBC
149 41.52% 49.68% 1.74% 39.78%
5
 Maxim Group LLC
170 25.69% -5.85%
6
 TD Securities
1,230 28.84% 19.52% 9.54% 19.30%
7
 Exane BNP Paribas
408 22.55% 16.50% 6.72% 15.83%
8
 UBS
1,683 22.12% 14.67% 7.19% 14.93%
9
 Janney Montgomery Scott LLC
327 14.33% 5.59% 0.00% 14.33%
10
 Societe Generale
114 32.25% 17.52% 22.42% 9.83%
11
 Goldman Sachs
1,761 20.25% 17.43% 15.57% 4.68%
12
 Deutsche Bank
1,270 19.90% 10.89% 15.35% 4.55%
13
 JP Morgan
1,930 24.38% 18.61% 21.49% 2.89%
14
 CFRA Research
890 17.62% 18.20% 16.71% 0.91%
15
 Credit Suisse
1,445 19.19% 15.87% 18.32% 0.87%
16
 Barclays Bank PLC
1,529 17.71% 14.90% 17.99% -0.28%
17
 Macquarie Group
438 17.22% 14.94% 18.05% -0.83%
18
 Piper Sandler
1,480 19.38% 10.69% 20.70% -1.32%
19
 Morgan Stanley
1,809 17.99% 14.85% 19.70% -1.71%
20
 Merrill Lynch
2,134 18.61% 20.00% 21.37% -2.76%
21
 Citigroup Investment Research
1,878 22.27% 12.94% 29.84% -7.57%
22
 Nomura Securities
301 10.05% 13.46% 21.54% -11.49%
23
 BMO Capital Markets
1,119 24.76% 19.52% 39.95% -15.19%
24
 HSBC
437 23.47% 20.08% 39.92% -16.45%
25
 CLSA
88 18.61% -8.99% 65.73% -47.12%