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
270 12.70% 1.72% -49.94% 62.64%
2
 Sidoti & Co
264 -2.05% -2.41% -52.45% 50.40%
3
 Argus Research Co
499 12.51% 2.15% -32.45% 44.96%
4
 CIBC
149 25.65% 32.80% -14.32% 39.97%
5
 Maxim Group LLC
170 20.87% -19.59%
6
 Exane BNP Paribas
397 11.74% 8.77% -4.27% 16.01%
7
 CFRA Research
894 11.10% 8.24% -0.96% 12.06%
8
 Deutsche Bank
1,265 9.93% 3.23% 0.76% 9.17%
9
 TD Securities
1,203 15.13% 9.97% 6.54% 8.59%
10
 Credit Suisse
1,447 11.47% 8.09% 5.52% 5.95%
11
 Piper Sandler
1,478 9.53% 5.57% 4.34% 5.19%
12
 Janney Montgomery Scott LLC
330 5.96% -0.89% 0.95% 5.01%
13
 Goldman Sachs
1,756 12.09% 11.14% 7.55% 4.54%
14
 Morgan Stanley
1,802 11.50% 7.33% 7.49% 4.01%
15
 JP Morgan
1,912 16.31% 8.49% 12.79% 3.52%
16
 Macquarie Group
438 10.78% 11.29% 7.76% 3.02%
17
 Barclays Bank PLC
1,509 9.43% 8.33% 8.47% 0.96%
18
 Merrill Lynch
2,126 11.05% 11.62% 11.89% -0.84%
19
 Citigroup Investment Research
1,871 12.37% 6.62% 14.76% -2.39%
20
 Nomura Securities
301 7.38% 2.66% 10.40% -3.02%
21
 BMO Capital Markets
1,116 16.03% 8.95% 21.18% -5.15%
22
 HSBC
433 16.37% 16.76% 22.39% -6.02%
23
 Societe Generale
114 11.89% 16.03% 20.42% -8.53%
24
 UBS
1,667 11.82% 8.48% 32.13% -20.31%
25
 CLSA
88 17.18% -4.63% 60.79% -43.61%