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
267 11.36% 0.76% -53.55% 64.91%
2
 CIBC
147 19.68% 26.77% -22.18% 41.86%
3
 Sidoti & Co
264 -7.86% -5.27% -46.31% 38.45%
4
 Argus Research Co
500 7.52% -2.89% -30.82% 38.34%
5
 Maxim Group LLC
170 17.40% -19.58%
6
 Exane BNP Paribas
394 9.68% 5.43% -7.45% 17.13%
7
 CFRA Research
898 6.67% 4.55% -5.48% 12.15%
8
 Deutsche Bank
1,264 5.22% -0.11% -3.75% 8.97%
9
 Piper Sandler
1,474 4.86% 1.20% -2.48% 7.34%
10
 Macquarie Group
438 7.49% 7.89% 0.23% 7.26%
11
 TD Securities
1,188 11.82% 4.55% 5.09% 6.73%
12
 Credit Suisse
1,448 7.69% 4.75% 1.93% 5.76%
13
 JP Morgan
1,904 11.24% 4.09% 7.09% 4.15%
14
 Goldman Sachs
1,735 7.59% 7.03% 3.54% 4.05%
15
 Nomura Securities
301 6.23% -0.92% 2.54% 3.69%
16
 Morgan Stanley
1,793 7.77% 3.76% 4.94% 2.83%
17
 Barclays Bank PLC
1,488 5.28% 4.14% 4.29% 0.99%
18
 Merrill Lynch
2,120 7.12% 7.11% 7.03% 0.09%
19
 Janney Montgomery Scott LLC
330 -1.02% -5.90% 0.87% -1.89%
20
 Citigroup Investment Research
1,853 7.75% 3.18% 12.59% -4.84%
21
 BMO Capital Markets
1,097 11.12% 3.39% 17.35% -6.23%
22
 HSBC
430 13.53% 12.99% 19.78% -6.25%
23
 Societe Generale
114 6.09% 11.46% 19.17% -13.08%
24
 UBS
1,647 7.67% 4.17% 30.54% -22.87%
25
 CLSA
88 16.86% -4.26% 51.02% -34.16%