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
274 49.30% 32.29% -54.46% 103.76%
2
 Sidoti & Co
260 20.82% 16.49% -58.84% 79.66%
3
 Argus Research Co
500 22.80% 13.24% -32.97% 55.77%
4
 CIBC
147 36.67% 43.80% 0.29% 36.38%
5
 Maxim Group LLC
170 34.14% 2.92%
6
 TD Securities
1,223 34.81% 24.42% 12.71% 22.10%
7
 Janney Montgomery Scott LLC
323 21.87% 11.20% 0.00% 21.87%
8
 UBS
1,674 25.30% 18.61% 7.64% 17.66%
9
 Societe Generale
112 36.15% 20.00% 24.31% 11.84%
10
 Deutsche Bank
1,259 24.88% 14.01% 13.59% 11.29%
11
 Exane BNP Paribas
414 23.23% 19.09% 14.13% 9.10%
12
 Goldman Sachs
1,736 23.49% 23.35% 21.36% 2.13%
13
 JP Morgan
1,917 28.15% 21.16% 26.13% 2.02%
14
 Macquarie Group
430 20.11% 22.91% 18.32% 1.79%
15
 Barclays Bank PLC
1,519 22.36% 19.56% 21.16% 1.20%
16
 Credit Suisse
1,425 21.11% 18.46% 22.61% -1.50%
17
 Morgan Stanley
1,780 22.07% 18.87% 23.90% -1.83%
18
 CFRA Research
886 20.75% 20.60% 22.81% -2.06%
19
 Citigroup Investment Research
1,840 28.35% 16.43% 31.73% -3.38%
20
 Merrill Lynch
2,108 21.36% 23.33% 26.36% -5.00%
21
 HSBC
435 25.30% 21.27% 35.53% -10.23%
22
 Nomura Securities
300 17.88% 18.11% 31.45% -13.57%
23
 Piper Sandler
1,455 28.17% 17.33% 41.81% -13.64%
24
 BMO Capital Markets
1,113 27.27% 22.72% 50.96% -23.69%
25
 CLSA
89 17.58% -8.72% 72.42% -54.84%