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
 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 %