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
270 11.92% 2.19% -54.71% 66.63%
2
 CIBC
149 20.12% 27.29% -21.65% 41.77%
3
 Argus Research Co
499 8.47% -1.41% -32.39% 40.86%
4
 Sidoti & Co
264 -6.72% -5.11% -44.36% 37.64%
5
 Maxim Group LLC
170 22.43% -20.63%
6
 Exane BNP Paribas
397 10.49% 5.50% -5.34% 15.83%
7
 CFRA Research
897 7.18% 5.39% -3.47% 10.65%
8
 Deutsche Bank
1,264 5.96% 0.69% -1.26% 7.22%
9
 Macquarie Group
438 7.85% 8.55% 2.66% 5.19%
10
 Piper Sandler
1,478 6.23% 2.52% 1.25% 4.98%
11
 Credit Suisse
1,448 8.41% 5.36% 3.67% 4.74%
12
 Goldman Sachs
1,748 8.42% 8.12% 4.00% 4.42%
13
 TD Securities
1,199 11.98% 5.88% 7.75% 4.23%
14
 JP Morgan
1,908 12.07% 5.19% 8.38% 3.69%
15
 Morgan Stanley
1,798 8.47% 4.33% 5.77% 2.70%
16
 Nomura Securities
301 6.51% -0.10% 4.37% 2.14%
17
 Barclays Bank PLC
1,502 5.55% 5.52% 4.88% 0.67%
18
 Merrill Lynch
2,124 7.80% 8.22% 8.33% -0.53%
19
 Janney Montgomery Scott LLC
330 0.76% -4.59% 1.49% -0.73%
20
 HSBC
432 14.20% 14.47% 17.61% -3.41%
21
 BMO Capital Markets
1,112 11.91% 4.66% 16.87% -4.96%
22
 Citigroup Investment Research
1,861 8.58% 4.37% 14.10% -5.52%
23
 Societe Generale
114 9.61% 13.06% 17.85% -8.24%
24
 UBS
1,664 8.35% 5.46% 31.30% -22.95%
25
 CLSA
88 15.78% -5.13% 52.61% -36.83%