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
275 33.07% 17.69% -51.05% 84.12%
2
 Sidoti & Co
262 11.70% 11.61% -61.76% 73.46%
3
 Argus Research Co
500 17.62% 6.64% -35.15% 52.77%
4
 CIBC
149 37.21% 44.00% -0.25% 37.46%
5
 Maxim Group LLC
170 21.18% -7.22%
6
 TD Securities
1,229 25.36% 15.80% 5.09% 20.27%
7
 UBS
1,683 19.03% 12.12% 4.28% 14.75%
8
 Janney Montgomery Scott LLC
327 13.34% 5.70% 0.00% 13.34%
9
 Exane BNP Paribas
408 17.87% 11.79% 5.24% 12.63%
10
 Societe Generale
114 26.40% 14.46% 17.86% 8.54%
11
 Deutsche Bank
1,269 16.67% 7.85% 8.49% 8.18%
12
 CFRA Research
889 15.52% 14.86% 10.29% 5.23%
12
 Goldman Sachs
1,761 17.52% 15.40% 12.29% 5.23%
14
 JP Morgan
1,933 21.21% 15.15% 18.63% 2.58%
15
 Macquarie Group
438 15.78% 16.35% 14.30% 1.48%
16
 Credit Suisse
1,445 16.52% 13.48% 15.68% 0.84%
17
 Morgan Stanley
1,808 15.87% 12.47% 15.30% 0.57%
18
 Barclays Bank PLC
1,529 15.72% 12.28% 15.60% 0.12%
19
 Piper Sandler
1,481 18.94% 10.62% 18.86% 0.08%
20
 Merrill Lynch
2,134 16.11% 16.54% 18.44% -2.33%
21
 Citigroup Investment Research
1,877 19.91% 10.72% 23.68% -3.77%
22
 Nomura Securities
301 8.20% 11.10% 20.22% -12.02%
23
 BMO Capital Markets
1,118 22.38% 16.52% 35.53% -13.15%
24
 HSBC
437 19.02% 15.89% 34.85% -15.83%
25
 CLSA
89 12.96% -15.50% 53.67% -40.71%