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
164 26.10% 10.82% -49.61% 75.71%
2
 CIBC
125 18.91% 29.18% -22.12% 41.03%
3
 Deutsche Bank
1,026 11.78% 5.41% -6.26% 18.04%
4
 Argus Research Co
466 14.00% 4.28% -2.48% 16.48%
5
 CFRA Research
818 15.74% 10.65% 2.06% 13.68%
6
 Maxim Group LLC
170 12.96% -23.84%
7
 TD Securities
846 13.66% 9.46% 1.75% 11.91%
8
 Exane BNP Paribas
339 12.24% 7.81% 4.49% 7.75%
9
 Macquarie Group
345 18.19% 17.33% 10.98% 7.21%
10
 Credit Suisse
1,116 12.06% 8.91% 6.86% 5.20%
11
 Sidoti & Co
261 2.74% 4.77% -2.37% 5.11%
12
 Nomura Securities
251 13.84% 11.04% 9.34% 4.50%
13
 Janney Montgomery Scott LLC
297 6.46% 7.40% 2.05% 4.41%
14
 Goldman Sachs
1,229 11.48% 11.37% 8.72% 2.76%
15
 UBS
1,270 10.11% 8.64% 8.09% 2.02%
16
 JP Morgan
1,401 13.80% 8.31% 13.24% 0.56%
17
 CLSA
36 26.42% -8.09% 27.10% -0.68%
18
 Merrill Lynch
1,551 11.46% 9.00% 12.23% -0.77%
19
 BMO Capital Markets
900 14.13% 8.48% 15.15% -1.02%
20
 Morgan Stanley
1,290 12.04% 8.77% 14.33% -2.29%
21
 Piper Sandler
1,123 7.67% 9.22% 11.98% -4.31%
22
 Barclays Bank PLC
1,151 8.17% 8.60% 12.79% -4.62%
23
 HSBC
310 14.05% 15.29% 21.11% -7.06%
24
 Citigroup Investment Research
1,402 11.44% 8.92% 19.95% -8.51%
25
 Societe Generale
102 3.48% 16.70% 12.17% -8.69%