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
 CIBC
125 7.41% 7.96% -45.36% 52.77%
2
 TD Securities
823 3.08% -5.09% -26.09% 29.17%
3
 Northland Capital Markets
160 -11.07% -5.47% -33.57% 22.50%
4
 Exane BNP Paribas
336 6.89% 4.48% -12.62% 19.51%
5
 Nomura Securities
251 8.29% -1.26% -7.60% 15.89%
6
 BMO Capital Markets
887 4.80% -1.29% -9.97% 14.77%
7
 Deutsche Bank
1,024 2.71% 0.87% -9.02% 11.73%
8
 Sidoti & Co
259 -3.61% -1.85% -15.28% 11.67%
9
 Janney Montgomery Scott LLC
297 13.36% 9.38% 1.96% 11.40%
10
 Piper Sandler
1,119 1.86% 1.44% -7.57% 9.43%
11
 Goldman Sachs
1,218 4.18% 1.43% -4.53% 8.71%
12
 Morgan Stanley
1,284 5.15% 0.92% -2.69% 7.84%
13
 JP Morgan
1,395 6.91% -1.81% -0.39% 7.30%
14
 Merrill Lynch
1,543 5.72% -1.70% -1.50% 7.22%
15
 CFRA Research
828 7.22% 3.92% 0.05% 7.17%
16
 CLSA
33 2.84% -12.72% -3.93% 6.77%
17
 Credit Suisse
1,118 4.66% 2.39% -1.96% 6.62%
18
 Barclays Bank PLC
1,141 4.08% 2.17% 2.15% 1.93%
19
 Citigroup Investment Research
1,397 3.50% -0.29% 2.32% 1.18%
20
 Argus Research Co
469 8.83% 1.51% 7.72% 1.11%
21
 UBS
1,266 4.23% -0.20% 5.40% -1.17%
22
 Macquarie Group
345 4.36% 4.57% 8.37% -4.01%
23
 HSBC
308 1.24% 3.24% 12.62% -11.38%
24
 Societe Generale
102 -12.47% 8.30% 7.96% -20.43%