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
 AllianceBernstein L.P.
372 7.46% 5.49% -17.51% 24.97%
2
 Exane BNP Paribas
101 16.22% 5.05% -4.96% 21.18%
3
 BMO Capital Markets
828 6.33% 0.03% -12.48% 18.81%
4
 Barclays Bank PLC
995 10.52% 3.78% -3.38% 13.90%
5
 Goldman Sachs
1,297 10.01% 5.23% -3.43% 13.44%
6
 Janney Montgomery Scott LLC
412 5.66% 11.42% -7.74% 13.40%
7
 Piper Jaffray
832 -5.88% -10.56% -18.98% 13.10%
8
 Morgan Stanley
1,219 7.30% 5.66% -5.38% 12.68%
9
 Credit Suisse
1,308 5.62% 3.87% -6.46% 12.08%
10
 Merrill Lynch
1,684 9.34% 6.65% -2.12% 11.46%
11
 CFRA Research
1,060 9.09% 9.22% -1.95% 11.04%
12
 Macquarie Group
661 11.78% 1.58% 4.43% 7.35%
13
 Citigroup Investment Research
1,431 4.62% 3.19% -2.47% 7.09%
14
 JP Morgan
1,511 9.91% 8.11% 3.30% 6.61%
15
 UBS
948 8.42% 6.38% 1.91% 6.51%
16
 Argus Research Co
473 12.20% 7.70% 7.90% 4.30%
17
 Nomura Securities
481 4.25% -1.93% 3.25% 1.00%
18
 CLSA
230 11.48% 7.29% 12.25% -0.77%
19
 CIBC
103 8.46% -2.41% 9.80% -1.34%
20
 Deutsche Bank
1,214 6.04% 2.96% 8.91% -2.87%
21
 HSBC
208 8.59% 5.93% 15.32% -6.73%
22
 Northland Capital Markets
204 0.51% 10.58% 8.96% -8.45%
23
 Societe Generale
134 -4.83% -3.00% 4.19% -9.02%
24
 Sidoti & Co
276 2.45% 14.84% 16.83% -14.38%
25
 Maxim Group LLC
221 12.04% 39.84% 29.98% -17.94%
26
 TD Securities
114 -3.98% 5.78% 33.38% -37.36%