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
262 11.55% 9.28% -56.41% 67.96%
2
 Northland Capital Markets
275 17.39% 9.20% -46.13% 63.52%
3
 Argus Research Co
499 17.21% 9.49% -30.39% 47.60%
4
 CIBC
149 34.03% 38.31% -5.85% 39.88%
5
 TD Securities
1,226 20.62% 14.27% 1.21% 19.41%
6
 Maxim Group LLC
170 14.47% -17.20%
7
 Janney Montgomery Scott LLC
327 14.08% 6.74% 0.00% 14.08%
8
 UBS
1,679 17.87% 11.92% 5.03% 12.84%
9
 Exane BNP Paribas
405 19.51% 16.82% 7.23% 12.28%
10
 Deutsche Bank
1,271 16.43% 7.91% 9.15% 7.28%
11
 JP Morgan
1,931 20.02% 14.29% 14.65% 5.37%
12
 Goldman Sachs
1,760 16.75% 13.37% 13.99% 2.76%
13
 Societe Generale
114 26.81% 16.81% 25.77% 1.04%
14
 CFRA Research
893 14.15% 16.28% 13.77% 0.38%
15
 Barclays Bank PLC
1,525 13.46% 12.46% 13.94% -0.48%
16
 Morgan Stanley
1,810 13.97% 11.42% 14.51% -0.54%
17
 Credit Suisse
1,446 16.25% 13.25% 17.28% -1.03%
18
 Piper Sandler
1,484 13.30% 6.90% 14.86% -1.56%
19
 Merrill Lynch
2,134 15.15% 16.61% 17.85% -2.70%
20
 Citigroup Investment Research
1,876 17.53% 10.16% 21.50% -3.97%
21
 Macquarie Group
438 12.22% 10.01% 17.17% -4.95%
22
 Nomura Securities
301 9.23% 11.83% 15.41% -6.18%
23
 HSBC
436 22.48% 20.47% 34.30% -11.82%
24
 BMO Capital Markets
1,119 20.53% 15.01% 34.16% -13.63%
25
 CLSA
88 22.24% -0.32% 67.04% -44.80%