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
 CIBC
125 19.61% 23.38% -14.01% 33.62%
2
 TD Securities
810 15.60% 8.61% -12.48% 28.08%
3
 Sidoti & Co
258 10.53% 4.63% -12.96% 23.49%
4
 Janney Montgomery Scott LLC
295 26.16% 18.10% 4.29% 21.87%
5
 Exane BNP Paribas
329 15.23% 12.54% -3.46% 18.69%
6
 Northland Capital Markets
160 13.03% 3.74% -1.12% 14.15%
7
 Nomura Securities
251 23.93% 13.29% 10.48% 13.45%
8
 Goldman Sachs
1,215 15.14% 12.43% 1.76% 13.38%
9
 Maxim Group LLC
170 10.21% -5.76%
10
 CFRA Research
839 18.42% 13.46% 9.15% 9.27%
11
 Morgan Stanley
1,279 16.45% 9.68% 8.08% 8.37%
12
 Deutsche Bank
1,022 14.05% 10.55% 6.03% 8.02%
13
 Merrill Lynch
1,540 16.04% 8.73% 10.27% 5.77%
14
 Barclays Bank PLC
1,133 16.26% 11.82% 11.37% 4.89%
15
 JP Morgan
1,385 16.79% 35.46% 12.89% 3.90%
16
 CLSA
32 5.55% -16.62% 2.32% 3.23%
17
 Credit Suisse
1,118 14.51% 12.15% 12.48% 2.03%
18
 Piper Sandler
1,113 13.00% 52.62% 11.29% 1.71%
19
 Macquarie Group
345 17.37% 18.35% 15.93% 1.44%
20
 Citigroup Investment Research
1,384 13.57% 36.53% 12.19% 1.38%
21
 UBS
1,256 15.91% 11.55% 15.61% 0.30%
22
 BMO Capital Markets
886 14.31% 48.98% 16.52% -2.21%
23
 HSBC
307 10.49% 13.94% 13.14% -2.65%
24
 Societe Generale
102 1.46% 17.23% 13.80% -12.34%
25
 Argus Research Co
470 19.70% 11.72% 57.69% -37.99%