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
163 16.40% 9.01% -49.61% 66.01%
2
 CIBC
125 16.16% 24.67% -19.34% 35.50%
3
 Deutsche Bank
1,025 12.43% 5.56% -6.55% 18.98%
4
 TD Securities
846 12.26% 8.30% -5.04% 17.30%
5
 Argus Research Co
468 14.68% 4.84% 1.50% 13.18%
6
 Maxim Group LLC
170 12.89% -25.81%
7
 CFRA Research
821 15.25% 11.13% 2.78% 12.47%
8
 Exane BNP Paribas
337 13.74% 8.16% 1.69% 12.05%
9
 Macquarie Group
345 18.66% 15.89% 11.11% 7.55%
10
 Credit Suisse
1,116 11.80% 8.79% 5.10% 6.70%
11
 Sidoti & Co
261 2.74% 4.14% -2.32% 5.06%
12
 Janney Montgomery Scott LLC
297 8.68% 9.10% 3.84% 4.84%
13
 Goldman Sachs
1,227 11.77% 10.80% 6.98% 4.79%
14
 Nomura Securities
251 14.07% 11.17% 9.43% 4.64%
15
 JP Morgan
1,397 13.65% 8.28% 9.81% 3.84%
16
 UBS
1,269 10.16% 9.00% 8.59% 1.57%
17
 Merrill Lynch
1,550 11.51% 8.68% 10.72% 0.79%
18
 Morgan Stanley
1,287 12.02% 8.12% 12.35% -0.33%
19
 Piper Sandler
1,121 7.05% 9.27% 8.24% -1.19%
20
 BMO Capital Markets
900 13.45% 8.00% 15.54% -2.09%
21
 CLSA
35 21.36% -9.51% 23.82% -2.46%
22
 Barclays Bank PLC
1,146 8.06% 8.94% 12.68% -4.62%
23
 HSBC
310 14.25% 14.33% 18.90% -4.65%
24
 Citigroup Investment Research
1,400 11.46% 8.35% 18.01% -6.55%
25
 Societe Generale
102 -0.21% 13.68% 8.65% -8.86%