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
155 6.93% -3.32% -22.52% 29.45%
2
 Argus Research Co
476 19.30% 13.60% -7.28% 26.58%
3
 Piper Sandler
1,093 23.70% 53.56% 3.27% 20.43%
4
 Exane BNP Paribas
291 17.29% 14.74% 1.42% 15.87%
5
 Janney Montgomery Scott LLC
281 17.37% 13.42% 2.29% 15.08%
6
 Deutsche Bank
995 19.71% 13.67% 7.57% 12.14%
7
 CFRA Research
847 22.36% 13.43% 10.66% 11.70%
8
 Macquarie Group
336 15.18% 13.58% 5.13% 10.05%
9
 Barclays Bank PLC
1,105 21.24% 9.94% 12.16% 9.08%
10
 Credit Suisse
1,120 16.79% 14.80% 8.47% 8.32%
11
 UBS
1,187 17.79% 16.30% 9.90% 7.89%
12
 Goldman Sachs
1,190 19.75% 19.09% 12.17% 7.58%
13
 Merrill Lynch
1,516 16.57% 13.98% 13.24% 3.33%
14
 Morgan Stanley
1,257 16.99% 15.17% 17.84% -0.85%
15
 Citigroup Investment Research
1,369 19.62% 43.53% 21.00% -1.38%
16
 HSBC
296 14.35% 15.66% 15.81% -1.46%
17
 JP Morgan
1,386 16.58% 48.19% 20.04% -3.46%
18
 CIBC
122 11.59% 9.77% 15.54% -3.95%
19
 Societe Generale
102 13.74% 17.27% 18.63% -4.89%
20
 TD Securities
734 18.98% 15.37% 24.45% -5.47%
21
 Maxim Group LLC
166 -8.40% -11.07%
22
 Nomura Securities
250 21.35% 29.70% 34.87% -13.52%
23
 BMO Capital Markets
862 13.08% 52.64% 32.89% -19.81%
24
 CLSA
27 12.40% 32.72% -20.32%
25
 Sidoti & Co
261 19.53% -0.89% 71.21% -51.68%