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
 Sidoti & Co
256 26.17% 24.97% -61.12% 87.29%
2
 Northland Capital Markets
276 51.72% 38.01% -20.38% 72.10%
3
 Argus Research Co
501 22.62% 13.82% -35.44% 58.06%
4
 TD Securities
1,211 30.33% 23.93% -10.99% 41.32%
5
 CIBC
146 27.83% 26.18% -5.33% 33.16%
6
 Maxim Group LLC
170 27.15% 4.52%
7
 Janney Montgomery Scott LLC
317 22.54% 14.53% 0.00% 22.54%
8
 Societe Generale
110 36.75% 22.56% 18.04% 18.71%
9
 UBS
1,672 21.86% 19.26% 8.18% 13.68%
10
 Deutsche Bank
1,236 23.16% 16.91% 11.38% 11.78%
11
 Exane BNP Paribas
418 22.95% 20.92% 13.91% 9.04%
12
 Macquarie Group
427 15.70% 23.54% 9.13% 6.57%
13
 Nomura Securities
297 16.43% 17.73% 18.36% -1.93%
14
 Barclays Bank PLC
1,516 20.42% 20.12% 22.87% -2.45%
15
 Goldman Sachs
1,701 18.76% 21.34% 21.30% -2.54%
16
 Piper Sandler
1,425 23.99% 18.74% 26.61% -2.62%
17
 Credit Suisse
1,402 19.99% 16.47% 25.15% -5.16%
18
 Morgan Stanley
1,745 18.82% 16.03% 25.61% -6.79%
19
 CFRA Research
875 16.52% 19.70% 25.54% -9.02%
20
 Merrill Lynch
2,075 17.03% 20.71% 26.16% -9.13%
21
 JP Morgan
1,881 22.89% 20.32% 33.01% -10.12%
22
 HSBC
431 20.33% 18.54% 31.99% -11.66%
23
 Citigroup Investment Research
1,819 23.37% 16.34% 36.70% -13.33%
24
 CLSA
89 4.27% -20.88% 35.73% -31.46%
25
 BMO Capital Markets
1,099 22.26% 20.97% 56.35% -34.09%