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
 Argus Research Co
478 22.64% 17.80% -33.97% 56.61%
2
 CIBC
121 14.95% 10.63% -25.16% 40.11%
3
 Northland Capital Markets
154 10.11% -5.64% -27.97% 38.08%
4
 Piper Sandler
1,084 23.14% 8.26% -6.85% 29.99%
5
 Exane BNP Paribas
287 25.12% 20.69% 2.28% 22.84%
6
 Barclays Bank PLC
1,089 25.89% 13.57% 9.86% 16.03%
7
 Deutsche Bank
993 23.27% 15.56% 10.91% 12.36%
8
 Macquarie Group
337 20.12% 14.72% 9.26% 10.86%
9
 CFRA Research
850 24.42% 18.21% 13.87% 10.55%
10
 Janney Montgomery Scott LLC
277 8.28% 2.75% -0.59% 8.87%
11
 UBS
1,186 21.90% 18.42% 13.06% 8.84%
12
 Goldman Sachs
1,186 22.98% 22.13% 15.08% 7.90%
13
 Credit Suisse
1,122 20.47% 17.23% 12.72% 7.75%
14
 Merrill Lynch
1,515 20.55% 16.61% 15.26% 5.29%
15
 Morgan Stanley
1,258 21.09% 17.65% 18.82% 2.27%
16
 Sidoti & Co
261 19.92% 1.72% 19.49% 0.43%
17
 Citigroup Investment Research
1,368 25.43% 17.40% 27.53% -2.10%
18
 JP Morgan
1,383 20.06% 21.36% 26.57% -6.51%
19
 BMO Capital Markets
860 17.76% 14.61% 24.68% -6.92%
20
 HSBC
293 18.71% 21.07% 26.78% -8.07%
21
 Maxim Group LLC
161 -8.61% -22.85% 0.00% -8.61%
22
 Nomura Securities
250 27.17% 29.32% 38.55% -11.38%
23
 Societe Generale
102 17.11% 23.23% 29.40% -12.29%
24
 CLSA
27 15.14% 41.26% -26.12%
25
 TD Securities
724 27.48% 19.61% 75.10% -47.62%