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 19.86% 14.16% -72.03% 91.89%
2
 Argus Research Co
501 16.59% 14.98% -45.27% 61.86%
3
 TD Securities
1,209 18.46% 11.04% -35.06% 53.52%
4
 Northland Capital Markets
274 9.26% 1.62% -27.71% 36.97%
5
 Exane BNP Paribas
425 13.86% 9.25% -8.18% 22.04%
6
 CIBC
145 17.86% 16.92% -1.55% 19.41%
7
 Deutsche Bank
1,215 11.11% 10.17% -5.64% 16.75%
8
 Janney Montgomery Scott LLC
318 14.61% 6.87% 0.00% 14.61%
9
 UBS
1,666 13.37% 9.74% -0.53% 13.90%
10
 Piper Sandler
1,409 13.99% 13.91% 2.02% 11.97%
11
 Societe Generale
110 24.82% 22.92% 13.04% 11.78%
12
 Macquarie Group
421 3.97% 19.71% -7.07% 11.04%
13
 Nomura Securities
292 -0.64% 6.28% -8.28% 7.64%
14
 Maxim Group LLC
170 5.49% -6.29%
15
 Morgan Stanley
1,719 12.53% 12.28% 9.21% 3.32%
16
 JP Morgan
1,878 14.58% 12.28% 12.14% 2.44%
17
 Goldman Sachs
1,667 12.23% 11.56% 11.38% 0.85%
18
 Barclays Bank PLC
1,503 14.94% 10.92% 16.00% -1.06%
19
 Merrill Lynch
2,043 9.63% 9.99% 11.69% -2.06%
20
 Credit Suisse
1,356 8.48% 11.00% 10.58% -2.10%
21
 CFRA Research
841 13.04% 13.40% 18.19% -5.15%
22
 BMO Capital Markets
1,108 12.98% 13.35% 20.28% -7.30%
23
 Citigroup Investment Research
1,777 12.26% 9.14% 21.61% -9.35%
24
 CLSA
96 -10.98% -17.03% 5.45% -16.43%
25
 HSBC
435 12.19% 6.76% 37.46% -25.27%