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 26.39% 27.32% -70.17% 96.56%
2
 Northland Capital Markets
273 70.07% 47.61% -12.11% 82.18%
3
 Argus Research Co
502 24.36% 15.92% -36.29% 60.65%
4
 TD Securities
1,212 38.35% 29.87% -2.22% 40.57%
5
 CIBC
146 35.50% 38.59% -0.89% 36.39%
6
 Janney Montgomery Scott LLC
317 23.16% 14.90% 0.00% 23.16%
7
 Societe Generale
111 42.21% 24.09% 21.76% 20.45%
8
 UBS
1,673 25.91% 21.98% 9.72% 16.19%
9
 Deutsche Bank
1,237 27.29% 18.39% 18.77% 8.52%
10
 Exane BNP Paribas
419 28.05% 25.20% 19.69% 8.36%
11
 Macquarie Group
428 18.85% 27.08% 11.12% 7.73%
12
 Barclays Bank PLC
1,516 24.01% 22.86% 26.08% -2.07%
13
 Goldman Sachs
1,702 22.55% 25.62% 25.58% -3.03%
14
 Credit Suisse
1,402 24.19% 20.74% 30.76% -6.57%
15
 Nomura Securities
297 20.64% 22.98% 28.59% -7.95%
16
 CFRA Research
876 19.31% 21.91% 28.37% -9.06%
17
 Morgan Stanley
1,751 22.46% 19.63% 31.80% -9.34%
17
 HSBC
432 26.13% 23.81% 35.47% -9.34%
19
 Merrill Lynch
2,076 21.08% 24.61% 30.71% -9.63%
20
 Piper Sandler
1,421 30.36% 21.84% 40.39% -10.03%
21
 JP Morgan
1,879 27.83% 24.67% 38.28% -10.45%
22
 Citigroup Investment Research
1,819 27.66% 19.79% 47.10% -19.44%
23
 BMO Capital Markets
1,101 27.95% 24.71% 70.09% -42.14%
24
 CLSA
89 11.77% -21.40% 56.87% -45.10%