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
270 67.06% 44.95% -37.76% 104.82%
2
 Sidoti & Co
257 30.55% 23.79% -55.61% 86.16%
3
 Argus Research Co
500 31.60% 22.73% -30.41% 62.01%
4
 CIBC
146 40.08% 45.76% 0.15% 39.93%
5
 Janney Montgomery Scott LLC
317 29.97% 19.29% 0.00% 29.97%
6
 TD Securities
1,204 45.03% 36.93% 18.29% 26.74%
7
 UBS
1,662 34.89% 28.74% 16.78% 18.11%
8
 Societe Generale
112 47.34% 28.50% 30.74% 16.60%
9
 Deutsche Bank
1,244 35.50% 23.66% 21.47% 14.03%
10
 Exane BNP Paribas
416 34.02% 27.73% 29.11% 4.91%
11
 Macquarie Group
426 29.00% 30.87% 26.41% 2.59%
12
 Goldman Sachs
1,710 32.20% 33.44% 32.09% 0.11%
13
 JP Morgan
1,887 37.60% 32.60% 37.53% 0.07%
14
 Barclays Bank PLC
1,508 31.10% 28.84% 32.71% -1.61%
15
 Credit Suisse
1,407 30.14% 26.94% 32.84% -2.70%
16
 CFRA Research
878 29.01% 30.07% 31.76% -2.75%
17
 HSBC
432 36.81% 31.10% 39.79% -2.98%
18
 Morgan Stanley
1,759 30.72% 28.34% 34.91% -4.19%
19
 Merrill Lynch
2,083 30.88% 32.58% 38.10% -7.22%
20
 Citigroup Investment Research
1,824 38.02% 25.91% 46.54% -8.52%
21
 Nomura Securities
297 29.45% 29.08% 41.31% -11.86%
22
 Piper Sandler
1,430 38.51% 26.47% 54.75% -16.24%
23
 BMO Capital Markets
1,099 35.74% 30.64% 66.57% -30.83%
24
 CLSA
89 27.19% -8.54% 80.48% -53.29%