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
272 71.73% 47.24% -33.93% 105.66%
2
 Sidoti & Co
257 31.37% 24.47% -58.71% 90.08%
3
 Argus Research Co
502 29.92% 20.57% -32.35% 62.27%
4
 CIBC
146 39.45% 47.93% 3.23% 36.22%
5
 Janney Montgomery Scott LLC
317 25.75% 15.95% 0.00% 25.75%
6
 Societe Generale
111 46.18% 26.99% 22.42% 23.76%
7
 TD Securities
1,206 43.04% 34.76% 20.04% 23.00%
8
 UBS
1,661 33.01% 27.57% 15.46% 17.55%
9
 Deutsche Bank
1,240 33.87% 23.42% 20.22% 13.65%
10
 Exane BNP Paribas
414 32.74% 26.50% 27.02% 5.72%
11
 Macquarie Group
426 27.05% 29.75% 25.12% 1.93%
12
 Goldman Sachs
1,704 30.34% 31.22% 30.26% 0.08%
13
 Barclays Bank PLC
1,507 29.26% 27.57% 30.62% -1.36%
14
 JP Morgan
1,884 35.27% 30.24% 37.08% -1.81%
15
 CFRA Research
878 27.23% 28.42% 31.45% -4.22%
16
 Credit Suisse
1,405 29.06% 25.72% 34.63% -5.57%
17
 Morgan Stanley
1,755 28.46% 26.50% 34.22% -5.76%
18
 HSBC
431 33.56% 29.69% 39.80% -6.24%
19
 Merrill Lynch
2,079 28.22% 31.26% 37.33% -9.11%
20
 Citigroup Investment Research
1,821 35.12% 24.33% 46.54% -11.42%
21
 Nomura Securities
297 27.42% 27.62% 41.36% -13.94%
22
 Piper Sandler
1,426 34.97% 24.96% 56.14% -21.17%
23
 BMO Capital Markets
1,101 34.33% 30.36% 68.24% -33.91%
24
 CLSA
89 23.95% -14.31% 71.60% -47.65%