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
163 8.36% 6.36% -49.61% 57.97%
2
 CIBC
125 16.38% 19.11% -30.72% 47.10%
3
 TD Securities
840 10.75% 2.99% -11.84% 22.59%
4
 Exane BNP Paribas
336 12.09% 11.04% -4.30% 16.39%
5
 Deutsche Bank
1,023 10.44% 6.69% -5.29% 15.73%
6
 Janney Montgomery Scott LLC
296 18.10% 14.50% 4.16% 13.94%
7
 Nomura Securities
251 12.18% 6.49% -1.27% 13.45%
8
 CFRA Research
823 15.59% 11.58% 4.75% 10.84%
9
 JP Morgan
1,399 14.45% 6.93% 7.29% 7.16%
10
 Credit Suisse
1,116 10.84% 10.51% 4.29% 6.55%
11
 CLSA
34 16.33% -21.38% 10.36% 5.97%
12
 BMO Capital Markets
894 11.63% 6.23% 6.15% 5.48%
13
 Merrill Lynch
1,547 12.10% 6.61% 7.62% 4.48%
14
 Morgan Stanley
1,284 11.74% 8.20% 8.10% 3.64%
15
 Goldman Sachs
1,221 10.82% 10.85% 7.51% 3.31%
16
 Piper Sandler
1,118 9.37% 8.42% 6.57% 2.80%
17
 UBS
1,264 10.09% 8.21% 8.06% 2.03%
18
 Citigroup Investment Research
1,396 10.94% 7.29% 9.93% 1.01%
19
 Barclays Bank PLC
1,142 10.46% 9.67% 9.72% 0.74%
20
 Maxim Group LLC
170 -3.46% -27.58%
21
 Sidoti & Co
261 2.41% 5.33% 8.37% -5.96%
22
 HSBC
309 9.66% 12.73% 19.36% -9.70%
23
 Macquarie Group
345 14.94% 14.78% 27.89% -12.95%
24
 Argus Research Co
468 15.19% 7.39% 29.82% -14.63%
25
 Societe Generale
102 -6.47% 13.73% 11.97% -18.44%