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
 Janney Montgomery Scott LLC
289 41.16% 29.78% 1.96% 39.20%
2
 CIBC
125 30.39% 25.33% -2.29% 32.68%
3
 Northland Capital Markets
159 21.16% 24.33% -10.16% 31.32%
4
 TD Securities
793 34.56% 21.80% 8.83% 25.73%
5
 Sidoti & Co
258 28.10% 16.47% 7.01% 21.09%
6
 Exane BNP Paribas
321 33.46% 29.24% 13.80% 19.66%
7
 Piper Sandler
1,102 32.38% 70.16% 15.93% 16.45%
8
 Deutsche Bank
1,004 35.17% 27.77% 18.96% 16.21%
9
 Barclays Bank PLC
1,122 38.65% 25.74% 25.85% 12.80%
10
 Goldman Sachs
1,205 33.11% 28.10% 20.96% 12.15%
11
 Maxim Group LLC
170 12.07% 4.57%
12
 CFRA Research
839 35.55% 29.97% 28.04% 7.51%
13
 UBS
1,218 35.49% 26.98% 28.04% 7.45%
14
 Nomura Securities
250 42.45% 40.82% 36.51% 5.94%
15
 Credit Suisse
1,118 28.91% 25.23% 23.49% 5.42%
16
 Merrill Lynch
1,531 32.81% 27.16% 27.49% 5.32%
17
 Morgan Stanley
1,263 29.54% 25.27% 24.65% 4.89%
18
 HSBC
306 22.43% 29.33% 19.12% 3.31%
19
 JP Morgan
1,387 35.19% 54.98% 32.64% 2.55%
20
 Argus Research Co
473 36.78% 32.01% 35.09% 1.69%
21
 Citigroup Investment Research
1,375 32.04% 52.88% 33.80% -1.76%
22
 Macquarie Group
343 30.29% 22.78% 40.95% -10.66%
23
 BMO Capital Markets
866 30.34% 65.55% 43.93% -13.59%
24
 Societe Generale
102 3.09% 23.06% 17.94% -14.85%
25
 CLSA
28 20.02% 53.97% -33.95%