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
 Janney Montgomery Scott LLC
290 33.12% 24.95% 1.79% 31.33%
2
 Northland Capital Markets
159 19.39% 24.55% -10.16% 29.55%
3
 CIBC
125 25.03% 22.09% -2.46% 27.49%
4
 Sidoti & Co
258 23.47% 13.02% 0.58% 22.89%
5
 TD Securities
794 31.20% 20.40% 9.46% 21.74%
6
 Exane BNP Paribas
322 28.33% 24.20% 9.04% 19.29%
7
 Piper Sandler
1,100 28.74% 65.73% 13.61% 15.13%
8
 Deutsche Bank
1,004 29.49% 23.78% 17.60% 11.89%
9
 Goldman Sachs
1,205 28.74% 24.74% 16.92% 11.82%
10
 Barclays Bank PLC
1,122 32.47% 22.06% 23.07% 9.40%
11
 UBS
1,225 30.69% 22.54% 21.98% 8.71%
12
 CFRA Research
837 31.63% 25.95% 23.10% 8.53%
13
 Nomura Securities
250 39.05% 35.99% 33.37% 5.68%
14
 Morgan Stanley
1,263 25.67% 22.10% 20.59% 5.08%
15
 Merrill Lynch
1,533 28.09% 22.43% 24.04% 4.05%
16
 Credit Suisse
1,118 25.38% 21.02% 22.16% 3.22%
17
 HSBC
306 19.61% 24.08% 16.42% 3.19%
18
 JP Morgan
1,386 29.85% 50.39% 28.01% 1.84%
19
 Citigroup Investment Research
1,375 28.04% 48.06% 31.26% -3.22%
20
 Societe Generale
102 0.79% 21.19% 11.03% -10.24%
21
 BMO Capital Markets
866 26.58% 62.04% 36.90% -10.32%
22
 Macquarie Group
343 25.66% 20.56% 40.73% -15.07%
23
 Argus Research Co
473 32.13% 26.81% 50.66% -18.53%
24
 CLSA
29 18.11% 44.06% -25.95%