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 12.22% 4.98% -49.61% 61.83%
2
 CIBC
125 12.54% 19.54% -29.51% 42.05%
3
 TD Securities
846 9.14% 5.57% -9.95% 19.09%
4
 Deutsche Bank
1,025 10.24% 4.42% -8.06% 18.30%
5
 Argus Research Co
467 13.67% 4.73% -1.45% 15.12%
6
 Exane BNP Paribas
337 11.62% 6.70% -0.95% 12.57%
7
 CFRA Research
821 13.02% 10.38% 1.34% 11.68%
8
 Nomura Securities
251 12.43% 7.57% 1.95% 10.48%
9
 Maxim Group LLC
170 7.99% -31.13%
10
 Credit Suisse
1,116 9.87% 7.41% 2.67% 7.20%
11
 Macquarie Group
345 15.69% 12.84% 8.71% 6.98%
12
 Janney Montgomery Scott LLC
297 8.59% 9.29% 2.62% 5.97%
13
 JP Morgan
1,399 11.61% 6.35% 6.47% 5.14%
14
 Goldman Sachs
1,227 9.35% 8.93% 5.12% 4.23%
15
 UBS
1,268 8.66% 7.20% 5.76% 2.90%
16
 Merrill Lynch
1,550 9.75% 6.70% 7.35% 2.40%
17
 Piper Sandler
1,121 4.71% 7.43% 3.78% 0.93%
18
 BMO Capital Markets
900 11.96% 6.01% 11.55% 0.41%
19
 Morgan Stanley
1,287 9.99% 6.39% 9.60% 0.39%
20
 Sidoti & Co
261 1.28% 2.17% 3.03% -1.75%
21
 CLSA
34 17.90% -9.08% 20.83% -2.93%
22
 Barclays Bank PLC
1,145 6.22% 7.30% 9.90% -3.68%
23
 HSBC
310 11.02% 13.02% 14.84% -3.82%
24
 Citigroup Investment Research
1,400 9.59% 6.17% 15.17% -5.58%
25
 Societe Generale
102 -1.66% 14.86% 8.48% -10.14%