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 24.74% 15.92% -71.76% 96.50%
2
 Northland Capital Markets
280 33.98% 19.00% -29.47% 63.45%
3
 Argus Research Co
501 22.45% 18.34% -29.46% 51.91%
4
 TD Securities
1,222 33.14% 21.97% -18.58% 51.72%
5
 CIBC
146 33.24% 28.94% -1.41% 34.65%
6
 Maxim Group LLC
170 20.85% 16.36%
7
 Janney Montgomery Scott LLC
318 18.23% 9.51% 0.00% 18.23%
8
 Exane BNP Paribas
425 21.96% 16.42% 4.65% 17.31%
9
 Deutsche Bank
1,241 21.04% 15.90% 5.24% 15.80%
10
 UBS
1,684 22.08% 18.50% 8.94% 13.14%
11
 Societe Generale
110 31.32% 24.97% 20.44% 10.88%
12
 Piper Sandler
1,435 27.34% 18.06% 19.62% 7.72%
13
 Macquarie Group
426 11.86% 25.98% 5.76% 6.10%
14
 Barclays Bank PLC
1,522 23.65% 18.93% 21.80% 1.85%
15
 Morgan Stanley
1,751 20.46% 17.80% 19.49% 0.97%
16
 Goldman Sachs
1,712 19.75% 20.75% 19.70% 0.05%
17
 Nomura Securities
299 11.91% 10.59% 12.78% -0.87%
18
 JP Morgan
1,894 24.12% 19.03% 26.71% -2.59%
19
 CFRA Research
869 18.29% 19.11% 21.41% -3.12%
20
 Merrill Lynch
2,082 17.57% 19.09% 21.82% -4.25%
21
 Credit Suisse
1,397 19.04% 18.39% 24.08% -5.04%
22
 Citigroup Investment Research
1,822 22.83% 16.60% 31.05% -8.22%
23
 BMO Capital Markets
1,125 24.61% 20.16% 42.71% -18.10%
24
 HSBC
433 18.18% 14.20% 39.07% -20.89%
25
 CLSA
96 -0.42% -18.37% 32.07% -32.49%