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
 Maxim Group LLC
191 26.67 % 19.62 % -10.65 % 37.32 %
2
 CIBC
102 18.38 % 11.54 % -2.59 % 20.97 %
3
 Sidoti & Co
352 19.47 % 27.09 %
4
 Citigroup Investment Research
1,396 20.04 % 17.76 % 10.26 % 9.78 %
5
 Northland Capital Markets
187 25.43 % 23.47 % 22.03 % 3.40 %
6
 BMO Capital Markets
822 19.90 % 17.19 % 16.78 % 3.12 %
7
 Goldman Sachs
1,179 21.54 % 17.89 % 20.21 % 1.33 %
8
 HSBC
207 12.38 % 10.08 % 11.29 % 1.09 %
9
 Societe Generale
162 15.74 % 17.39 % 15.04 % 0.70 %
10
 Piper Jaffray
770 29.06 % 26.06 % 29.27 % -0.21 %
11
 CLSA
266 24.69 % 20.53 % 25.24 % -0.55 %
12
 Exane BNP Paribas
75 11.41 % 9.08 % 12.25 % -0.84 %
13
 JP Morgan
1,533 19.95 % 19.76 % 21.04 % -1.09 %
14
 Morgan Stanley
1,154 19.25 % 18.62 % 20.42 % -1.17 %
15
 CFRA Research
1,073 14.20 % 18.21 % 16.22 % -2.02 %
16
 Barclays Bank PLC
995 18.78 % 15.98 % 21.00 % -2.22 %
17
 Credit Suisse
1,279 20.07 % 16.91 % 22.36 % -2.29 %
18
 Janney Montgomery Scott LLC
273 18.03 % 13.92 % 20.64 % -2.61 %
19
 AllianceBernstein L.P.
370 20.18 % 13.47 % 23.51 % -3.33 %
20
 Merrill Lynch
1,645 16.93 % 13.97 % 20.58 % -3.65 %
21
 Argus Research Co
460 12.82 % 14.44 % 16.82 % -4.00 %
22
 Nomura Securities
511 20.80 % 22.26 % 28.00 % -7.20 %
23
 TD Securities
94 4.71 % 9.80 % 11.93 % -7.22 %
24
 Deutsche Bank
1,206 19.65 % 17.25 % 27.75 % -8.10 %
25
 Macquarie Group
763 17.81 % 19.53 % 26.43 % -8.62 %
26
 UBS
1,140 13.64 % 16.57 % 22.51 % -8.87 %
27
 McLean Capital Management (Short Model)
38 16.19 %