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
457 17.52 % 10.75 % -27.70 % 45.22 %
2
 CIBC Oppenheimer
105 21.94 % 1.63 % -14.98 % 36.92 %
3
 TD Securities
100 1.67 % 8.72 % -24.39 % 26.06 %
4
 HSBC
214 24.80 % 18.06 % 7.49 % 17.31 %
5
 Piper Jaffray
745 15.67 % 6.25 % 3.19 % 12.48 %
6
 Goldman Sachs
1,146 20.30 % 15.59 % 8.90 % 11.40 %
7
 Nomura Securities
509 17.53 % 7.20 % 6.73 % 10.80 %
8
 Merrill Lynch
1,624 19.91 % 12.22 % 9.12 % 10.79 %
9
 Sidoti & Co
408 10.38 % 10.44 %
10
 Northland Capital Markets
293 14.40 % 14.82 % 4.76 % 9.64 %
11
 Macquarie Group
783 16.09 % 12.37 % 7.81 % 8.28 %
12
 Credit Suisse
1,286 18.48 % 12.44 % 10.31 % 8.17 %
13
 UBS
1,106 17.95 % 14.28 % 10.33 % 7.62 %
14
 CLSA
274 24.60 % 15.35 % 17.41 % 7.19 %
15
 Barclays Bank PLC
1,016 15.48 % 13.13 % 8.46 % 7.02 %
16
 JP Morgan
1,540 18.20 % 15.43 % 11.27 % 6.93 %
17
 CFRA Research
1,089 14.24 % 14.01 % 7.48 % 6.76 %
18
 Exane BNP Paribas
79 22.12 % 20.10 % 16.30 % 5.82 %
19
 Deutsche Bank
1,223 17.96 % 12.31 % 12.17 % 5.79 %
20
 Citigroup Investment Research
1,411 16.81 % 14.46 % 12.01 % 4.80 %
21
 Morgan Stanley
1,152 19.88 % 14.26 % 15.82 % 4.06 %
22
 BMO Capital Markets
819 14.33 % 7.90 % 11.26 % 3.07 %
23
 AllianceBernstein L.P.
375 15.55 % 13.40 % 19.22 % -3.67 %
24
 Maxim Group LLC
189 20.57 % 12.61 % 37.52 % -16.95 %
25
 Societe Generale
166 5.55 % 8.61 % 25.14 % -19.59 %
26
 Janney Montgomery Scott LLC
311 15.45 % 17.29 % 52.61 % -37.16 %