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
 Sidoti & Co
255 18.44% 10.06% -80.54% 98.98%
2
 TD Securities
1,212 23.67% 15.73% -28.53% 52.20%
3
 Northland Capital Markets
280 21.12% 10.62% -27.24% 48.36%
4
 Argus Research Co
501 15.93% 13.28% -28.70% 44.63%
5
 CIBC
144 22.00% 18.88% -0.53% 22.53%
6
 Exane BNP Paribas
420 14.61% 10.46% -4.80% 19.41%
7
 Maxim Group LLC
170 16.24% 12.91%
8
 Deutsche Bank
1,230 12.72% 10.19% -1.01% 13.73%
9
 Janney Montgomery Scott LLC
320 13.60% 5.25% 0.00% 13.60%
10
 Piper Sandler
1,427 19.56% 12.93% 6.25% 13.31%
11
 UBS
1,673 15.69% 11.67% 2.77% 12.92%
12
 Societe Generale
110 24.37% 20.91% 13.14% 11.23%
13
 Macquarie Group
423 5.92% 19.99% -0.37% 6.29%
14
 Nomura Securities
295 2.77% 5.84% -0.21% 2.98%
15
 Morgan Stanley
1,737 13.95% 12.05% 11.81% 2.14%
16
 Barclays Bank PLC
1,499 16.30% 12.36% 16.69% -0.39%
17
 JP Morgan
1,881 16.50% 13.62% 17.19% -0.69%
18
 Goldman Sachs
1,695 12.58% 14.18% 13.92% -1.34%
19
 Merrill Lynch
2,068 11.10% 11.53% 14.46% -3.36%
20
 Credit Suisse
1,379 12.54% 11.85% 16.19% -3.65%
21
 CFRA Research
851 12.02% 12.80% 18.24% -6.22%
22
 Citigroup Investment Research
1,805 15.61% 10.86% 24.78% -9.17%
23
 BMO Capital Markets
1,119 15.81% 13.71% 29.60% -13.79%
24
 HSBC
434 13.18% 8.44% 36.48% -23.30%
25
 CLSA
97 -8.24% -18.33% 20.75% -28.99%