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
 CIBC
125 4.21% 4.87% -46.18% 50.39%
2
 TD Securities
822 -1.23% -6.07% -26.46% 25.23%
3
 Exane BNP Paribas
333 1.48% 1.86% -13.13% 14.61%
4
 Janney Montgomery Scott LLC
295 15.71% 11.52% 3.94% 11.77%
5
 Nomura Securities
251 4.56% -3.51% -7.08% 11.64%
6
 BMO Capital Markets
887 2.10% -2.30% -7.99% 10.09%
7
 CLSA
40 0.01% -20.39% -9.98% 9.99%
8
 Piper Sandler
1,115 -1.57% 1.48% -10.70% 9.13%
9
 Goldman Sachs
1,218 1.37% -0.98% -7.74% 9.11%
10
 Sidoti & Co
259 -4.74% -2.92% -12.52% 7.78%
11
 Argus Research Co
468 7.50% 1.84%
12
 JP Morgan
1,390 3.66% -2.50% -3.63% 7.29%
13
 Morgan Stanley
1,282 2.76% -1.46% -3.27% 6.03%
14
 Credit Suisse
1,118 2.65% 0.71% -3.28% 5.93%
14
 Deutsche Bank
1,024 0.70% -0.33% -5.23% 5.93%
16
 CFRA Research
830 4.35% 2.06% -1.00% 5.35%
17
 Merrill Lynch
1,542 2.72% -2.82% -2.51% 5.23%
18
 Northland Capital Markets
161 -9.94% -9.82% -12.69% 2.75%
19
 Barclays Bank PLC
1,135 1.28% 0.98% -0.10% 1.38%
20
 Citigroup Investment Research
1,390 -0.34% -0.57% 0.82% -1.16%
21
 UBS
1,261 1.74% -0.83% 3.92% -2.18%
22
 Macquarie Group
345 1.70% 3.96% 5.12% -3.42%
23
 HSBC
307 -1.73% 2.99% 8.68% -10.41%
24
 Societe Generale
102 -9.36% 6.67% 3.23% -12.59%
25
 Maxim Group LLC
170 -13.29% -30.28%