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 12.43% 10.28% -49.61% 62.04%
2
 CIBC
125 16.39% 19.48% -28.73% 45.12%
3
 TD Securities
840 12.98% 6.28% -7.19% 20.17%
4
 Janney Montgomery Scott LLC
297 23.41% 19.59% 4.42% 18.99%
5
 Deutsche Bank
1,023 12.81% 9.24% -3.85% 16.66%
6
 Exane BNP Paribas
336 13.80% 14.04% -0.77% 14.57%
7
 Nomura Securities
251 14.87% 8.94% 1.63% 13.24%
8
 CFRA Research
823 16.96% 14.27% 7.68% 9.28%
9
 Credit Suisse
1,116 12.83% 12.58% 6.10% 6.73%
10
 JP Morgan
1,400 16.52% 9.70% 10.49% 6.03%
11
 Merrill Lynch
1,547 14.15% 9.28% 10.86% 3.29%
12
 Goldman Sachs
1,223 13.10% 13.02% 10.51% 2.59%
13
 Argus Research Co
467 17.09% 10.59% 14.87% 2.22%
14
 CLSA
34 16.20% -20.18% 14.12% 2.08%
15
 BMO Capital Markets
894 13.20% 9.12% 11.38% 1.82%
16
 Morgan Stanley
1,284 13.24% 10.65% 11.59% 1.65%
17
 UBS
1,265 12.09% 11.04% 11.24% 0.85%
18
 Maxim Group LLC
170 0.78% -25.40%
19
 Citigroup Investment Research
1,396 13.49% 9.88% 13.09% 0.40%
20
 Piper Sandler
1,119 12.68% 12.10% 12.36% 0.32%
21
 Barclays Bank PLC
1,143 12.55% 12.01% 12.73% -0.18%
22
 HSBC
309 11.50% 15.02% 20.20% -8.70%
23
 Macquarie Group
345 17.38% 16.50% 28.46% -11.08%
24
 Sidoti & Co
261 5.05% 8.94% 17.62% -12.57%
25
 Societe Generale
102 -4.80% 14.86% 13.07% -17.87%