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
255 26.68% 21.95% -69.27% 95.95%
2
 Northland Capital Markets
277 40.78% 23.43% -21.01% 61.79%
3
 Argus Research Co
501 21.45% 11.27% -38.92% 60.37%
4
 TD Securities
1,218 32.45% 20.78% -18.96% 51.41%
5
 CIBC
146 25.89% 21.70% -6.81% 32.70%
6
 Janney Montgomery Scott LLC
316 19.17% 11.51% 0.00% 19.17%
7
 Maxim Group LLC
170 18.76% 7.93%
8
 UBS
1,670 22.56% 17.99% 3.99% 18.57%
9
 Deutsche Bank
1,238 20.78% 14.95% 5.69% 15.09%
10
 Exane BNP Paribas
421 21.35% 17.45% 6.29% 15.06%
11
 Societe Generale
110 27.88% 21.76% 14.15% 13.73%
12
 Piper Sandler
1,421 26.70% 18.08% 16.61% 10.09%
13
 Macquarie Group
426 11.69% 21.45% 3.18% 8.51%
14
 Nomura Securities
298 14.26% 13.34% 13.06% 1.20%
15
 Goldman Sachs
1,701 19.09% 21.22% 18.32% 0.77%
16
 Barclays Bank PLC
1,522 21.89% 18.56% 21.59% 0.30%
17
 Morgan Stanley
1,743 20.45% 15.75% 21.05% -0.60%
18
 JP Morgan
1,881 24.03% 18.67% 27.34% -3.31%
19
 CFRA Research
875 15.53% 16.91% 19.04% -3.51%
20
 Credit Suisse
1,395 19.00% 15.68% 23.15% -4.15%
21
 Merrill Lynch
2,076 17.51% 18.81% 22.03% -4.52%
22
 Citigroup Investment Research
1,819 23.28% 14.46% 33.97% -10.69%
23
 HSBC
431 17.75% 15.97% 34.80% -17.05%
24
 CLSA
89 3.39% -13.25% 26.08% -22.69%
25
 BMO Capital Markets
1,114 22.70% 18.84% 57.75% -35.05%