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
267 30.76% 13.38% -50.53% 81.29%
2
 CIBC
147 22.16% 24.30% -23.46% 45.62%
3
 Argus Research Co
502 12.57% 1.89% -31.90% 44.47%
4
 Sidoti & Co
265 2.29% 1.50% -29.90% 32.19%
5
 Exane BNP Paribas
394 15.36% 8.49% 0.22% 15.14%
6
 CFRA Research
897 13.05% 9.74% -1.27% 14.32%
7
 Deutsche Bank
1,264 10.58% 4.55% -2.62% 13.20%
8
 TD Securities
1,188 16.01% 10.21% 2.98% 13.03%
9
 Credit Suisse
1,448 13.42% 8.73% 5.25% 8.17%
10
 Macquarie Group
438 13.99% 14.09% 9.28% 4.71%
11
 Goldman Sachs
1,735 11.73% 12.15% 8.42% 3.31%
12
 Morgan Stanley
1,793 14.08% 7.43% 11.11% 2.97%
13
 Janney Montgomery Scott LLC
330 4.91% 2.41% 2.11% 2.80%
14
 Piper Sandler
1,474 9.13% 7.48% 6.97% 2.16%
15
 Barclays Bank PLC
1,488 9.31% 8.68% 9.05% 0.26%
16
 Nomura Securities
301 12.14% 5.94% 12.22% -0.08%
17
 JP Morgan
1,904 14.78% 8.14% 15.79% -1.01%
18
 Merrill Lynch
2,120 11.09% 10.58% 12.40% -1.31%
19
 BMO Capital Markets
1,097 14.19% 7.34% 17.78% -3.59%
20
 Citigroup Investment Research
1,854 12.53% 8.19% 17.80% -5.27%
21
 HSBC
430 16.83% 16.89% 23.79% -6.96%
22
 Societe Generale
114 7.43% 15.33% 16.80% -9.37%
23
 UBS
1,647 11.56% 8.85% 35.48% -23.92%
24
 CLSA
88 23.85% -11.94% 47.78% -23.93%