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
256 26.23% 24.95% -67.50% 93.73%
2
 Northland Capital Markets
274 65.00% 49.33% -11.83% 76.83%
3
 Argus Research Co
502 24.74% 15.19% -35.22% 59.96%
4
 TD Securities
1,214 35.41% 28.69% -4.55% 39.96%
5
 CIBC
146 34.52% 35.20% -3.54% 38.06%
6
 Maxim Group LLC
170 29.06% 9.73%
7
 Janney Montgomery Scott LLC
317 24.58% 15.74% 0.00% 24.58%
8
 Societe Generale
111 42.60% 25.82% 20.28% 22.32%
9
 UBS
1,674 24.46% 21.36% 9.73% 14.73%
10
 Exane BNP Paribas
419 26.57% 24.01% 18.24% 8.33%
11
 Deutsche Bank
1,237 25.24% 17.93% 17.42% 7.82%
12
 Macquarie Group
428 18.54% 26.97% 11.39% 7.15%
13
 Barclays Bank PLC
1,517 22.93% 22.37% 25.23% -2.30%
14
 Goldman Sachs
1,703 21.34% 24.30% 23.95% -2.61%
15
 Credit Suisse
1,402 23.59% 18.99% 26.78% -3.19%
16
 Nomura Securities
297 18.67% 22.27% 26.88% -8.21%
17
 Morgan Stanley
1,750 21.13% 18.35% 29.63% -8.50%
18
 CFRA Research
876 19.08% 22.01% 28.59% -9.51%
19
 Merrill Lynch
2,077 19.14% 23.67% 28.77% -9.63%
20
 Piper Sandler
1,421 27.44% 21.13% 37.19% -9.75%
21
 JP Morgan
1,880 25.79% 23.42% 36.81% -11.02%
22
 HSBC
432 24.71% 22.15% 38.46% -13.75%
23
 Citigroup Investment Research
1,819 25.81% 19.15% 40.99% -15.18%
24
 CLSA
89 10.45% -22.04% 51.66% -41.21%
25
 BMO Capital Markets
1,100 25.96% 23.90% 68.53% -42.57%