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
274 22.07% 8.80% -47.33% 69.40%
2
 Sidoti & Co
263 7.86% 6.39% -47.59% 55.45%
3
 Argus Research Co
501 19.01% 8.63% -30.25% 49.26%
4
 CIBC
149 32.74% 40.26% -8.58% 41.32%
5
 Maxim Group LLC
170 22.87% -11.47%
6
 Exane BNP Paribas
398 20.70% 16.37% 4.22% 16.48%
7
 TD Securities
1,213 22.44% 16.21% 8.74% 13.70%
8
 Janney Montgomery Scott LLC
330 13.42% 6.09% 0.00% 13.42%
9
 Deutsche Bank
1,271 17.26% 10.12% 6.03% 11.23%
10
 CFRA Research
896 17.14% 14.76% 6.96% 10.18%
11
 UBS
1,678 18.03% 13.86% 8.97% 9.06%
12
 Goldman Sachs
1,758 18.98% 16.11% 13.20% 5.78%
13
 JP Morgan
1,921 22.93% 14.76% 17.78% 5.15%
14
 Credit Suisse
1,447 17.65% 13.57% 12.70% 4.95%
15
 Morgan Stanley
1,808 17.45% 13.43% 13.94% 3.51%
16
 Macquarie Group
438 16.42% 15.48% 14.98% 1.44%
17
 Barclays Bank PLC
1,517 15.57% 14.05% 14.77% 0.80%
18
 Piper Sandler
1,486 16.35% 10.88% 15.90% 0.45%
19
 Merrill Lynch
2,131 17.10% 18.24% 18.08% -0.98%
20
 Citigroup Investment Research
1,876 18.68% 11.70% 21.43% -2.75%
21
 Nomura Securities
301 15.33% 12.03% 18.35% -3.02%
22
 HSBC
434 23.82% 22.92% 29.03% -5.21%
23
 BMO Capital Markets
1,119 22.59% 14.90% 28.66% -6.07%
24
 Societe Generale
114 18.06% 19.73% 29.43% -11.37%
25
 CLSA
89 25.61% -1.27% 72.36% -46.75%