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
270 15.83% 5.41% -50.72% 66.55%
2
 Sidoti & Co
264 2.47% 0.68% -46.03% 48.50%
3
 Argus Research Co
499 15.53% 4.95% -30.56% 46.09%
4
 CIBC
149 29.66% 38.83% -10.61% 40.27%
5
 Maxim Group LLC
170 26.55% -17.11%
6
 Exane BNP Paribas
397 15.64% 11.73% -1.55% 17.19%
7
 CFRA Research
893 14.45% 11.41% 2.01% 12.44%
8
 Deutsche Bank
1,267 13.37% 6.10% 3.09% 10.28%
9
 Janney Montgomery Scott LLC
330 11.73% 4.75% 1.49% 10.24%
10
 TD Securities
1,204 18.66% 12.90% 9.60% 9.06%
11
 Credit Suisse
1,447 15.04% 11.01% 9.21% 5.83%
12
 Piper Sandler
1,478 13.36% 9.65% 8.50% 4.86%
13
 Goldman Sachs
1,756 15.07% 14.12% 10.68% 4.39%
14
 JP Morgan
1,916 19.74% 11.78% 15.85% 3.89%
15
 Morgan Stanley
1,803 14.41% 10.34% 11.42% 2.99%
16
 Macquarie Group
438 14.16% 14.75% 11.19% 2.97%
17
 Barclays Bank PLC
1,512 12.66% 11.49% 12.33% 0.33%
18
 Merrill Lynch
2,126 14.49% 15.06% 15.06% -0.57%
19
 Nomura Securities
301 10.75% 6.31% 11.68% -0.93%
20
 Citigroup Investment Research
1,872 15.59% 9.52% 17.57% -1.98%
21
 HSBC
433 19.26% 19.63% 24.32% -5.06%
22
 Societe Generale
114 15.48% 18.07% 23.37% -7.89%
23
 BMO Capital Markets
1,116 19.66% 12.50% 28.42% -8.76%
24
 UBS
1,668 15.11% 11.77% 35.81% -20.70%
25
 CLSA
88 19.05% -5.80% 63.01% -43.96%