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 22.90% 17.79% -61.56% 84.46%
2
 TD Securities
1,207 20.09% 12.68% -30.96% 51.05%
3
 Northland Capital Markets
274 5.72% 2.78% -26.73% 32.45%
4
 Exane BNP Paribas
425 15.29% 11.29% -3.50% 18.79%
5
 Argus Research Co
502 18.65% 19.62% 0.32% 18.33%
6
 CIBC
144 16.54% 17.43% -0.29% 16.83%
7
 Janney Montgomery Scott LLC
317 16.46% 11.29% 0.00% 16.46%
8
 Deutsche Bank
1,211 12.41% 11.85% -3.81% 16.22%
9
 UBS
1,661 13.87% 12.52% -0.68% 14.55%
10
 Societe Generale
110 25.36% 22.28% 12.97% 12.39%
11
 Macquarie Group
421 5.40% 22.37% -6.96% 12.36%
12
 Piper Sandler
1,402 15.59% 16.28% 6.51% 9.08%
13
 Maxim Group LLC
170 8.62% -4.66%
14
 Nomura Securities
291 1.21% 8.01% -6.71% 7.92%
15
 Morgan Stanley
1,715 12.06% 14.22% 9.83% 2.23%
16
 JP Morgan
1,877 13.90% 14.01% 12.97% 0.93%
17
 Goldman Sachs
1,663 12.76% 12.42% 14.52% -1.76%
18
 Barclays Bank PLC
1,500 16.83% 12.81% 18.90% -2.07%
19
 Merrill Lynch
2,038 10.17% 11.56% 12.94% -2.77%
20
 Credit Suisse
1,351 9.32% 12.73% 12.70% -3.38%
21
 BMO Capital Markets
1,107 15.31% 15.10% 23.62% -8.31%
22
 CFRA Research
842 14.84% 16.00% 23.65% -8.81%
23
 Citigroup Investment Research
1,774 12.40% 11.63% 21.70% -9.30%
24
 CLSA
97 -12.13% -14.59% 6.92% -19.05%
25
 HSBC
456 9.19% 5.77% 32.34% -23.15%