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
163 18.68% 11.52% -49.61% 68.29%
2
 CIBC
125 19.35% 28.18% -19.19% 38.54%
3
 Deutsche Bank
1,025 13.57% 6.20% -5.15% 18.72%
4
 TD Securities
846 14.46% 9.57% -0.90% 15.36%
5
 Argus Research Co
468 14.51% 5.78% 1.48% 13.03%
6
 CFRA Research
820 15.97% 11.83% 3.29% 12.68%
7
 Exane BNP Paribas
338 14.18% 8.56% 2.17% 12.01%
8
 Nomura Securities
251 15.08% 11.85% 7.82% 7.26%
9
 Janney Montgomery Scott LLC
297 9.32% 10.14% 2.20% 7.12%
10
 Macquarie Group
345 19.40% 17.03% 12.40% 7.00%
11
 Credit Suisse
1,116 12.65% 10.08% 6.89% 5.76%
12
 Sidoti & Co
261 3.55% 5.81% -1.73% 5.28%
13
 Goldman Sachs
1,227 12.47% 12.37% 8.30% 4.17%
14
 JP Morgan
1,397 14.85% 9.10% 12.81% 2.04%
15
 UBS
1,270 11.04% 10.16% 9.52% 1.52%
16
 Piper Sandler
1,121 8.82% 10.91% 7.70% 1.12%
17
 BMO Capital Markets
900 15.28% 9.48% 15.38% -0.10%
18
 Merrill Lynch
1,551 12.46% 9.78% 12.58% -0.12%
19
 Morgan Stanley
1,287 12.86% 9.39% 13.56% -0.70%
20
 CLSA
35 21.64% -11.91% 24.62% -2.98%
21
 Barclays Bank PLC
1,146 8.92% 10.08% 14.20% -5.28%
22
 HSBC
310 14.37% 14.25% 20.91% -6.54%
23
 Societe Generale
102 2.29% 13.70% 9.05% -6.76%
24
 Citigroup Investment Research
1,401 12.41% 9.60% 19.47% -7.06%