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
161 -8.02% -5.26% -54.91% 46.89%
2
 CIBC
125 8.50% 7.91% -38.26% 46.76%
3
 TD Securities
838 3.27% -4.29% -20.56% 23.83%
4
 Nomura Securities
251 9.29% 3.01% -7.86% 17.15%
5
 Deutsche Bank
1,023 3.75% 1.82% -12.92% 16.67%
6
 Exane BNP Paribas
335 5.28% 4.94% -9.87% 15.15%
7
 CLSA
33 8.09% -16.56% -6.53% 14.62%
8
 BMO Capital Markets
894 5.67% 0.39% -5.44% 11.11%
9
 JP Morgan
1,394 7.93% -0.65% -2.52% 10.45%
10
 Janney Montgomery Scott LLC
296 13.42% 10.01% 3.71% 9.71%
11
 CFRA Research
825 9.52% 5.29% 0.79% 8.73%
12
 Morgan Stanley
1,283 7.54% 2.42% -0.48% 8.02%
13
 Goldman Sachs
1,217 4.95% 3.43% -2.46% 7.41%
14
 Piper Sandler
1,118 2.25% 3.94% -4.41% 6.66%
15
 Merrill Lynch
1,544 6.28% -0.23% -0.35% 6.63%
16
 Credit Suisse
1,117 5.24% 3.57% -0.90% 6.14%
17
 Citigroup Investment Research
1,396 4.64% 1.48% 1.57% 3.07%
18
 Barclays Bank PLC
1,138 5.06% 3.46% 2.31% 2.75%
19
 UBS
1,265 4.34% 2.16% 4.78% -0.44%
20
 Sidoti & Co
262 -4.48% -2.67% -0.29% -4.19%
21
 Argus Research Co
467 9.62% 2.72% 15.25% -5.63%
22
 Macquarie Group
345 9.01% 7.76% 16.68% -7.67%
23
 Maxim Group LLC
170 -8.46% -29.80%
24
 HSBC
308 2.00% 6.02% 13.96% -11.96%
25
 Societe Generale
102 -10.74% 8.16% 5.84% -16.58%