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 23.21% 14.77% -75.72% 98.93%
2
 Northland Capital Markets
280 33.20% 18.89% -28.87% 62.07%
3
 TD Securities
1,218 29.67% 21.34% -22.50% 52.17%
4
 Argus Research Co
501 20.46% 17.39% -29.46% 49.92%
5
 CIBC
145 28.93% 26.87% -1.68% 30.61%
6
 Maxim Group LLC
170 17.65% 16.38%
7
 Exane BNP Paribas
424 19.79% 15.04% 3.14% 16.65%
8
 Janney Montgomery Scott LLC
318 16.12% 7.61% 0.00% 16.12%
9
 UBS
1,681 20.81% 16.73% 6.34% 14.47%
10
 Deutsche Bank
1,241 17.99% 14.39% 4.61% 13.38%
11
 Societe Generale
110 30.82% 27.84% 19.76% 11.06%
12
 Piper Sandler
1,434 25.33% 16.73% 17.34% 7.99%
13
 Macquarie Group
425 10.57% 24.91% 5.05% 5.52%
14
 Barclays Bank PLC
1,517 21.89% 17.66% 19.61% 2.28%
15
 Nomura Securities
298 9.48% 9.76% 8.89% 0.59%
16
 Morgan Stanley
1,747 19.06% 16.52% 19.22% -0.16%
17
 Goldman Sachs
1,708 18.36% 19.01% 18.94% -0.58%
18
 JP Morgan
1,890 22.15% 18.32% 24.34% -2.19%
19
 CFRA Research
852 16.89% 17.66% 20.91% -4.02%
20
 Credit Suisse
1,392 17.69% 16.64% 21.76% -4.07%
21
 Merrill Lynch
2,078 15.67% 17.20% 20.73% -5.06%
22
 Citigroup Investment Research
1,816 21.06% 15.02% 34.45% -13.39%
23
 BMO Capital Markets
1,120 21.92% 18.51% 38.74% -16.82%
24
 HSBC
434 18.30% 13.75% 39.24% -20.94%
25
 CLSA
97 -1.43% -16.04% 34.16% -35.59%