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
164 25.62% 13.22% -49.61% 75.23%
2
 CIBC
125 21.15% 30.35% -18.72% 39.87%
3
 Deutsche Bank
1,025 14.96% 8.04% -3.29% 18.25%
4
 TD Securities
846 16.18% 11.03% 0.87% 15.31%
5
 CFRA Research
818 17.98% 13.60% 4.41% 13.57%
6
 Argus Research Co
467 16.20% 7.27% 3.42% 12.78%
7
 Exane BNP Paribas
338 15.00% 10.66% 5.35% 9.65%
8
 Janney Montgomery Scott LLC
297 11.53% 12.15% 2.00% 9.53%
9
 Macquarie Group
345 20.89% 19.19% 14.72% 6.17%
10
 Credit Suisse
1,116 14.19% 11.60% 9.33% 4.86%
11
 Goldman Sachs
1,228 13.85% 14.44% 11.33% 2.52%
12
 Sidoti & Co
261 6.20% 8.34% 4.92% 1.28%
13
 UBS
1,270 13.07% 11.90% 11.97% 1.10%
14
 BMO Capital Markets
900 17.09% 11.47% 16.03% 1.06%
15
 Nomura Securities
251 16.10% 13.31% 15.25% 0.85%
16
 JP Morgan
1,398 16.47% 11.07% 16.90% -0.43%
17
 Merrill Lynch
1,551 14.18% 11.92% 14.73% -0.55%
18
 Piper Sandler
1,122 10.46% 13.00% 11.67% -1.21%
19
 CLSA
36 23.54% -9.91% 25.56% -2.02%
20
 Morgan Stanley
1,290 14.09% 11.09% 16.29% -2.20%
21
 Barclays Bank PLC
1,148 10.79% 11.64% 16.49% -5.70%
22
 Societe Generale
102 5.52% 18.74% 12.55% -7.03%
23
 Citigroup Investment Research
1,402 14.15% 11.46% 21.32% -7.17%
24
 HSBC
310 15.34% 15.88% 23.25% -7.91%