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
 Sidoti & Co
255 23.72% 20.06% -69.80% 93.52%
2
 Argus Research Co
501 19.83% 10.19% -38.25% 58.08%
3
 Northland Capital Markets
276 36.53% 18.32% -21.54% 58.07%
4
 TD Securities
1,217 31.30% 19.71% -17.44% 48.74%
5
 CIBC
146 24.97% 21.49% -9.31% 34.28%
6
 UBS
1,669 21.01% 16.67% 2.53% 18.48%
7
 Janney Montgomery Scott LLC
316 16.96% 9.36% 0.00% 16.96%
8
 Maxim Group LLC
170 15.62% 4.87%
9
 Exane BNP Paribas
421 19.50% 15.24% 5.07% 14.43%
10
 Societe Generale
110 27.93% 20.59% 13.85% 14.08%
11
 Deutsche Bank
1,238 19.51% 13.61% 5.67% 13.84%
12
 Macquarie Group
426 10.90% 20.37% 1.68% 9.22%
13
 Piper Sandler
1,421 24.58% 16.28% 16.11% 8.47%
14
 Nomura Securities
298 12.87% 11.03% 10.98% 1.89%
15
 Barclays Bank PLC
1,520 20.48% 17.14% 20.08% 0.40%
16
 Goldman Sachs
1,700 17.66% 19.94% 17.64% 0.02%
17
 Morgan Stanley
1,743 19.28% 14.25% 19.60% -0.32%
18
 JP Morgan
1,880 22.67% 17.53% 25.52% -2.85%
19
 CFRA Research
875 13.82% 15.15% 17.95% -4.13%
20
 Merrill Lynch
2,076 16.21% 17.95% 20.64% -4.43%
21
 Credit Suisse
1,395 17.90% 14.41% 22.37% -4.47%
22
 Citigroup Investment Research
1,819 21.61% 13.53% 32.39% -10.78%
23
 HSBC
431 15.85% 13.81% 33.70% -17.85%
24
 CLSA
89 3.19% -14.89% 23.71% -20.52%
25
 BMO Capital Markets
1,101 22.05% 17.83% 55.11% -33.06%