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
 Argus Research Co
478 16.80% 9.27% -41.42% 58.22%
2
 CIBC
121 6.08% 3.10% -28.79% 34.87%
3
 Northland Capital Markets
155 3.69% -6.97% -29.06% 32.75%
4
 Piper Sandler
1,082 15.98% 0.31% -13.07% 29.05%
5
 Exane BNP Paribas
281 19.50% 14.58% -0.68% 20.18%
6
 Barclays Bank PLC
1,067 17.78% 6.75% 1.62% 16.16%
7
 Deutsche Bank
990 16.76% 8.94% 1.58% 15.18%
8
 Macquarie Group
337 13.38% 7.85% -0.41% 13.79%
9
 Sidoti & Co
261 11.93% 1.58% 1.99% 9.94%
10
 Credit Suisse
1,122 13.39% 9.25% 4.01% 9.38%
11
 CFRA Research
850 16.28% 10.79% 8.20% 8.08%
12
 UBS
1,184 13.80% 11.31% 6.35% 7.45%
13
 Merrill Lynch
1,511 13.50% 8.41% 6.97% 6.53%
14
 Morgan Stanley
1,257 14.71% 9.40% 10.63% 4.08%
15
 Citigroup Investment Research
1,360 19.21% 9.50% 16.49% 2.72%
16
 Janney Montgomery Scott LLC
277 -0.41% -4.47%
17
 BMO Capital Markets
860 10.92% 5.85% 13.49% -2.57%
18
 JP Morgan
1,378 13.21% 13.50% 16.18% -2.97%
19
 HSBC
293 10.44% 14.08% 20.64% -10.20%
20
 Nomura Securities
250 20.81% 21.62% 33.64% -12.83%
21
 Goldman Sachs
1,184 14.97% 15.15% 28.03% -13.06%
22
 Maxim Group LLC
161 -15.77% -30.01% 0.00% -15.77%
23
 Societe Generale
102 4.41% 13.66% 23.89% -19.48%
24
 CLSA
26 10.32% 42.17% -31.85%
25
 TD Securities
718 20.40% 14.32% 53.33% -32.93%