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
 TD Securities
101 5.56 % 10.17 % -25.31 % 30.87 %
2
 Sidoti & Co
458 27.52 % 19.82 %
3
 Piper Jaffray
751 23.67 % 22.07 % 2.82 % 20.85 %
4
 Argus Research Co
447 23.37 % 18.75 % 5.62 % 17.75 %
5
 Northland Capital Markets
302 29.08 % 26.94 % 13.74 % 15.34 %
6
 Nomura Securities
499 22.55 % 18.32 % 12.96 % 9.59 %
7
 Goldman Sachs
1,146 23.96 % 23.50 % 15.59 % 8.37 %
8
 CFRA Research
1,100 21.55 % 20.88 % 14.84 % 6.71 %
9
 Credit Suisse
1,290 25.38 % 18.66 % 19.92 % 5.46 %
10
 Deutsche Bank
1,228 22.58 % 21.97 % 17.79 % 4.79 %
11
 Merrill Lynch
1,581 24.31 % 21.33 % 20.47 % 3.84 %
12
 Credit Agricole Chevreux
231 29.78 % 16.66 % 26.17 % 3.61 %
13
 Janney Montgomery Scott LLC
322 16.90 % 28.59 % 13.71 % 3.19 %
14
 Macquarie Group
751 25.75 % 23.09 % 22.67 % 3.08 %
15
 CLSA
282 31.26 % 17.14 % 28.88 % 2.38 %
16
 UBS
1,124 24.71 % 19.72 % 23.63 % 1.08 %
17
 Barclays Bank PLC
1,149 22.69 % 21.65 % 21.66 % 1.03 %
18
 CIBC Oppenheimer
105 6.55 % 5.22 % 5.68 % 0.87 %
19
 BMO Capital Markets
801 16.05 % 17.80 % 16.95 % -0.90 %
20
 Morgan Stanley
1,136 25.22 % 23.12 % 26.73 % -1.51 %
21
 Citigroup Investment Research
1,401 21.77 % 23.47 % 24.10 % -2.33 %
22
 JP Morgan
1,526 20.42 % 19.76 % 24.03 % -3.61 %
23
 HSBC
198 24.04 % 18.55 % 32.25 % -8.21 %
24
 AllianceBernstein L.P.
375 23.42 % 24.89 % 33.92 % -10.50 %
25
 Exane BNP Paribas
80 24.70 % 29.81 % 37.67 % -12.97 %
26
 Societe Generale
164 7.04 % 8.83 % 34.20 % -27.16 %
27
 Maxim Group LLC
220 24.61 % 15.29 % 64.65 % -40.04 %