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
163 11.09% 8.22% -49.61% 60.70%
2
 CIBC
125 15.50% 18.89% -29.39% 44.89%
3
 TD Securities
840 12.08% 5.29% -7.78% 19.86%
4
 Janney Montgomery Scott LLC
296 22.15% 18.23% 4.42% 17.73%
5
 Deutsche Bank
1,023 12.08% 8.54% -3.42% 15.50%
6
 Exane BNP Paribas
336 12.83% 13.60% -1.65% 14.48%
7
 Nomura Securities
251 13.87% 8.25% 0.70% 13.17%
8
 CFRA Research
823 16.22% 13.61% 7.21% 9.01%
9
 Credit Suisse
1,116 12.11% 11.93% 5.77% 6.34%
10
 JP Morgan
1,400 15.66% 9.23% 9.44% 6.22%
11
 BMO Capital Markets
894 12.67% 8.37% 8.87% 3.80%
12
 Merrill Lynch
1,547 13.45% 8.79% 10.11% 3.34%
13
 Goldman Sachs
1,223 12.23% 12.52% 9.97% 2.26%
14
 Argus Research Co
468 16.40% 10.39% 14.34% 2.06%
15
 Piper Sandler
1,119 11.72% 11.35% 10.08% 1.64%
16
 Morgan Stanley
1,284 12.54% 9.97% 11.00% 1.54%
17
 UBS
1,265 11.43% 10.45% 10.24% 1.19%
18
 CLSA
34 14.83% -21.49% 14.22% 0.61%
19
 Citigroup Investment Research
1,396 12.75% 9.37% 12.15% 0.60%
20
 Barclays Bank PLC
1,143 11.95% 11.45% 11.88% 0.07%
21
 Maxim Group LLC
170 -0.33% -24.98%
22
 HSBC
309 10.73% 14.22% 19.89% -9.16%
23
 Macquarie Group
345 16.34% 15.85% 27.75% -11.41%
24
 Sidoti & Co
261 4.32% 8.30% 16.96% -12.64%
25
 Societe Generale
102 -4.84% 14.08% 12.65% -17.49%