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
267 21.43% 7.76% -50.92% 72.35%
2
 CIBC
147 18.95% 20.84% -26.02% 44.97%
3
 Argus Research Co
501 8.26% -3.07% -34.53% 42.79%
4
 Sidoti & Co
265 -5.49% -4.69% -37.42% 31.93%
5
 Exane BNP Paribas
394 12.11% 5.37% -5.22% 17.33%
6
 CFRA Research
897 7.93% 5.54% -5.45% 13.38%
7
 Deutsche Bank
1,264 5.77% 0.81% -7.31% 13.08%
8
 TD Securities
1,188 9.36% 4.98% -1.61% 10.97%
9
 Maxim Group LLC
170 10.55% -11.99%
10
 Macquarie Group
438 9.51% 9.41% 2.44% 7.07%
11
 Credit Suisse
1,448 8.01% 4.60% 2.07% 5.94%
12
 Goldman Sachs
1,735 6.75% 6.87% 2.38% 4.37%
13
 Morgan Stanley
1,793 8.80% 2.88% 5.28% 3.52%
14
 Piper Sandler
1,474 2.00% 1.27% -0.46% 2.46%
15
 JP Morgan
1,904 10.05% 3.18% 9.13% 0.92%
16
 Barclays Bank PLC
1,488 4.79% 4.33% 4.10% 0.69%
17
 Merrill Lynch
2,120 6.59% 6.90% 6.91% -0.32%
18
 Nomura Securities
301 6.15% 0.23% 6.85% -0.70%
19
 Janney Montgomery Scott LLC
330 -0.97% -5.20% 2.48% -3.45%
20
 Citigroup Investment Research
1,854 7.07% 3.95% 13.51% -6.44%
21
 HSBC
430 13.03% 14.49% 19.75% -6.72%
22
 BMO Capital Markets
1,097 9.27% 2.74% 17.40% -8.13%
23
 Societe Generale
114 3.76% 10.87% 17.24% -13.48%
24
 CLSA
88 20.85% -13.29% 35.58% -14.73%
25
 UBS
1,647 6.93% 4.74% 30.65% -23.72%