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
 CLSA
27 8.56% -28.95% 37.51%
2
 Maxim Group LLC
252 -21.31% -9.97% -45.90% 24.59%
3
 Janney Montgomery Scott LLC
376 12.86% 24.95% -9.33% 22.19%
4
 CIBC
115 19.51% 7.86% -1.19% 20.70%
5
 Northland Capital Markets
271 -7.23% -1.55% -26.35% 19.12%
6
 Societe Generale
98 29.61% 27.23% 13.02% 16.59%
7
 Argus Research Co
485 14.83% 21.56% 0.00% 14.83%
8
 UBS
1,008 15.42% 14.61% 3.76% 11.66%
9
 Macquarie Group
362 10.91% 36.98% 0.73% 10.18%
10
 Exane BNP Paribas
158 11.28% 20.66% 3.76% 7.52%
11
 Deutsche Bank
1,099 11.12% 21.59% 4.87% 6.25%
12
 Goldman Sachs
1,316 9.58% 7.95% 6.37% 3.21%
13
 JP Morgan
1,423 7.24% 12.76% 7.73% -0.49%
14
 BMO Capital Markets
862 14.34% 27.44% 16.93% -2.59%
15
 Barclays Bank PLC
1,076 9.88% 16.76% 13.84% -3.96%
16
 Morgan Stanley
1,252 8.00% 10.49% 12.08% -4.08%
17
 Citigroup Investment Research
1,356 7.12% 20.15% 11.65% -4.53%
18
 CFRA Research
931 18.56% 15.20% 23.38% -4.82%
19
 Merrill Lynch
1,515 9.12% 10.72% 14.02% -4.90%
20
 Nomura Securities
265 6.63% 15.82% 13.16% -6.53%
21
 Credit Suisse
1,097 13.58% 12.95% 24.80% -11.22%
22
 HSBC
148 2.13% 19.72% 19.40% -17.27%
23
 Sidoti & Co
261 8.29% 17.41% 40.53% -32.24%
24
 Piper Sandler
1,112 0.05% 16.36% 34.17% -34.12%
25
 TD Securities
144 25.39% 64.88% 152.45% -127.06%