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
476 18.03% 13.64% -12.43% 30.46%
2
 Northland Capital Markets
155 1.49% -7.78% -19.76% 21.25%
3
 Piper Sandler
1,093 19.62% 45.54% -1.44% 21.06%
4
 Exane BNP Paribas
291 16.62% 14.18% -2.64% 19.26%
5
 Deutsche Bank
994 18.25% 12.22% 3.86% 14.39%
6
 Barclays Bank PLC
1,106 19.05% 8.42% 8.32% 10.73%
7
 CFRA Research
847 20.39% 12.37% 9.76% 10.63%
8
 Macquarie Group
336 15.13% 12.01% 5.13% 10.00%
9
 Janney Montgomery Scott LLC
281 11.87% 7.67% 2.82% 9.05%
10
 UBS
1,187 16.05% 14.37% 7.92% 8.13%
11
 Goldman Sachs
1,191 17.60% 17.14% 10.75% 6.85%
12
 Credit Suisse
1,120 15.25% 13.10% 8.54% 6.71%
13
 CIBC
122 10.29% 8.61% 5.10% 5.19%
14
 Merrill Lynch
1,516 14.92% 12.14% 10.58% 4.34%
15
 Morgan Stanley
1,257 16.05% 12.59% 15.16% 0.89%
16
 Citigroup Investment Research
1,368 18.20% 40.64% 17.73% 0.47%
17
 HSBC
296 12.31% 14.60% 13.75% -1.44%
18
 JP Morgan
1,386 14.75% 45.04% 18.25% -3.50%
19
 TD Securities
730 17.53% 13.86% 24.84% -7.31%
20
 Societe Generale
102 11.45% 18.10% 19.25% -7.80%
21
 Nomura Securities
250 20.55% 25.32% 28.69% -8.14%
22
 Maxim Group LLC
165 -12.06% -17.45%
23
 BMO Capital Markets
862 11.67% 49.90% 32.73% -21.06%
24
 CLSA
27 10.10% 32.57% -22.47%
25
 Sidoti & Co
261 18.27% -0.49% 74.81% -56.54%