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
 CIBC Oppenheimer
104 13.94 % -1.61 % -27.89 % 41.83 %
2
 Argus Research Co
459 15.18 % 11.07 % -17.85 % 33.03 %
3
 HSBC
206 23.38 % 17.35 % 7.93 % 15.45 %
4
 TD Securities
96 -0.31 % -2.87 % -15.42 % 15.11 %
5
 Sidoti & Co
382 10.31 % 17.04 %
6
 Goldman Sachs
1,159 19.45 % 12.82 % 9.84 % 9.61 %
7
 Merrill Lynch
1,624 17.06 % 9.87 % 8.14 % 8.92 %
8
 Maxim Group LLC
194 13.83 % 11.81 % 5.70 % 8.13 %
9
 JP Morgan
1,540 16.68 % 14.63 % 8.91 % 7.77 %
10
 Barclays Bank PLC
1,049 14.87 % 10.88 % 7.76 % 7.11 %
11
 Nomura Securities
515 18.61 % 9.57 % 12.39 % 6.22 %
12
 Citigroup Investment Research
1,396 16.42 % 12.75 % 10.63 % 5.79 %
13
 Northland Capital Markets
298 13.73 % 11.05 % 8.18 % 5.55 %
14
 UBS
1,107 14.80 % 12.31 % 9.69 % 5.11 %
15
 Piper Jaffray
757 18.35 % 9.20 % 13.25 % 5.10 %
16
 Deutsche Bank
1,240 17.72 % 10.04 % 12.73 % 4.99 %
17
 CLSA
271 25.10 % 20.32 % 20.48 % 4.62 %
18
 Macquarie Group
782 14.68 % 12.72 % 10.18 % 4.50 %
19
 Credit Suisse
1,287 16.45 % 11.47 % 11.97 % 4.48 %
20
 CFRA Research
1,085 11.90 % 13.06 % 7.84 % 4.06 %
21
 Morgan Stanley
1,166 18.00 % 13.35 % 14.60 % 3.40 %
22
 BMO Capital Markets
816 12.20 % 5.76 % 8.87 % 3.33 %
23
 AllianceBernstein L.P.
368 15.83 % 11.73 % 18.44 % -2.61 %
24
 McLean Capital Management (Short Model)
54 5.80 %
25
 Exane BNP Paribas
76 18.23 % 17.72 % 27.26 % -9.03 %
26
 Janney Montgomery Scott LLC
318 10.34 % 11.74 % 26.14 % -15.80 %
27
 Societe Generale
166 6.45 % 10.15 % 25.01 % -18.56 %