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
272 66.99% 42.63% -43.92% 110.91%
2
 Sidoti & Co
256 26.13% 21.67% -62.09% 88.22%
3
 Argus Research Co
502 25.08% 16.57% -34.12% 59.20%
4
 CIBC
146 35.85% 45.95% -3.33% 39.18%
5
 Maxim Group LLC
170 39.17% 8.73%
6
 TD Securities
1,210 38.42% 29.30% 10.10% 28.32%
7
 Societe Generale
111 43.65% 21.77% 19.20% 24.45%
8
 Janney Montgomery Scott LLC
317 22.17% 13.32% 0.00% 22.17%
9
 UBS
1,668 27.54% 22.17% 8.41% 19.13%
10
 Deutsche Bank
1,239 27.58% 18.10% 18.64% 8.94%
11
 Exane BNP Paribas
414 25.90% 22.41% 20.24% 5.66%
12
 Macquarie Group
427 21.75% 23.79% 16.65% 5.10%
13
 Barclays Bank PLC
1,506 24.94% 22.86% 25.10% -0.16%
14
 Goldman Sachs
1,702 23.74% 26.43% 25.94% -2.20%
15
 Credit Suisse
1,403 24.35% 21.12% 27.23% -2.88%
16
 CFRA Research
874 20.39% 22.53% 25.12% -4.73%
17
 Morgan Stanley
1,754 23.26% 20.76% 29.21% -5.95%
18
 JP Morgan
1,883 29.46% 24.72% 36.33% -6.87%
19
 Merrill Lynch
2,078 22.99% 26.73% 30.69% -7.70%
20
 Nomura Securities
297 22.03% 20.30% 31.93% -9.90%
21
 HSBC
431 26.80% 24.22% 37.74% -10.94%
22
 Citigroup Investment Research
1,819 29.79% 19.71% 44.05% -14.26%
23
 Piper Sandler
1,425 30.59% 20.03% 46.10% -15.51%
24
 BMO Capital Markets
1,102 29.49% 26.67% 56.57% -27.08%
25
 CLSA
89 18.12% -19.89% 66.97% -48.85%