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
1	TD Securities	102	8.28 %	17.98 %	-29.95 %	38.23 %
2	CIBC Oppenheimer	105	17.85 %	11.50 %	-8.82 %	26.67 %
3	Sidoti & Co	422	22.93 %	24.73 %
4	Northland Capital Markets	295	21.30 %	20.56 %	4.69 %	16.61 %
5	Piper Jaffray	737	18.42 %	16.12 %	2.95 %	15.47 %
6	BMO Capital Markets	818	18.19 %	15.97 %	9.33 %	8.86 %
7	Goldman Sachs	1,095	23.38 %	19.88 %	15.99 %	7.39 %
8	HSBC	202	24.43 %	19.64 %	17.12 %	7.31 %
9	Credit Suisse	1,282	23.51 %	17.80 %	16.48 %	7.03 %
10	CLSA	274	32.17 %	25.82 %	25.43 %	6.74 %
11	Nomura Securities	508	22.99 %	14.76 %	16.88 %	6.11 %
12	CFRA Research	1,068	21.24 %	18.91 %	15.52 %	5.72 %
13	Merrill Lynch	1,600	23.13 %	16.91 %	17.50 %	5.63 %
14	UBS	1,107	22.39 %	18.46 %	16.96 %	5.43 %
15	Argus Research Co	454	23.82 %	15.71 %	18.56 %	5.26 %
16	Deutsche Bank	1,222	20.92 %	20.07 %	15.94 %	4.98 %
17	Macquarie Group	764	22.36 %	22.51 %	17.88 %	4.48 %
18	Citigroup Investment Research	1,393	21.40 %	20.46 %	17.06 %	4.34 %
19	Barclays Bank PLC	1,008	20.70 %	18.42 %	17.91 %	2.79 %
20	AllianceBernstein L.P.	384	21.91 %	19.61 %	21.49 %	0.42 %
21	Morgan Stanley	1,133	23.12 %	19.68 %	23.85 %	-0.73 %
22	Janney Montgomery Scott LLC	309	17.24 %	23.15 %	19.36 %	-2.12 %
23	Exane BNP Paribas	78	28.66 %	23.23 %	32.12 %	-3.46 %
24	JP Morgan	1,526	22.46 %	20.50 %	26.82 %	-4.36 %
25	Maxim Group LLC	200	23.61 %	15.52 %	29.55 %	-5.94 %
26	Societe Generale	164	8.25 %	15.14 %	36.33 %	-28.08 %