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
272 59.77% 38.70% -41.41% 101.18%
2
 Sidoti & Co
256 21.59% 16.68% -70.35% 91.94%
3
 Argus Research Co
502 20.14% 11.50% -34.97% 55.11%
4
 CIBC
146 33.33% 40.66% -6.93% 40.26%
5
 TD Securities
1,210 33.26% 24.56% -0.38% 33.64%
6
 Maxim Group LLC
170 33.05% 6.78%
7
 Societe Generale
111 40.70% 18.84% 16.70% 24.00%
8
 UBS
1,667 22.75% 16.83% 3.79% 18.96%
9
 Janney Montgomery Scott LLC
317 17.87% 8.21% 0.00% 17.87%
10
 Exane BNP Paribas
414 20.54% 17.85% 11.94% 8.60%
11
 Deutsche Bank
1,239 22.14% 13.19% 17.26% 4.88%
12
 Macquarie Group
428 15.27% 17.42% 11.55% 3.72%
13
 Goldman Sachs
1,702 18.74% 20.54% 19.32% -0.58%
14
 Barclays Bank PLC
1,505 19.55% 18.44% 20.24% -0.69%
15
 Credit Suisse
1,403 20.92% 16.07% 24.46% -3.54%
16
 Nomura Securities
297 15.94% 16.02% 20.95% -5.01%
17
 CFRA Research
874 14.66% 17.08% 20.40% -5.74%
18
 Morgan Stanley
1,754 18.13% 14.99% 24.38% -6.25%
19
 Piper Sandler
1,424 26.31% 15.09% 33.84% -7.53%
20
 Merrill Lynch
2,078 18.33% 20.04% 25.94% -7.61%
21
 JP Morgan
1,883 23.92% 19.73% 31.73% -7.81%
22
 HSBC
432 22.61% 19.65% 33.48% -10.87%
23
 Citigroup Investment Research
1,820 24.77% 14.82% 39.76% -14.99%
24
 BMO Capital Markets
1,101 25.43% 21.33% 52.89% -27.46%
25
 CLSA
89 13.67% -20.75% 61.53% -47.86%