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 32.67% 23.76% -71.58% 104.25%
2
 Northland Capital Markets
279 41.71% 23.18% -24.85% 66.56%
3
 Argus Research Co
501 24.65% 20.48% -29.46% 54.11%
4
 TD Securities
1,221 37.48% 27.07% -12.62% 50.10%
5
 CIBC
146 31.60% 29.81% -3.45% 35.05%
6
 Janney Montgomery Scott LLC
316 23.51% 16.65% 0.00% 23.51%
7
 UBS
1,682 26.82% 23.01% 11.76% 15.06%
8
 Exane BNP Paribas
424 26.80% 20.46% 12.52% 14.28%
9
 Deutsche Bank
1,241 25.24% 19.64% 11.07% 14.17%
10
 Societe Generale
110 35.49% 25.41% 22.34% 13.15%
11
 Piper Sandler
1,426 32.19% 23.72% 22.35% 9.84%
12
 Macquarie Group
426 15.69% 32.00% 9.44% 6.25%
13
 Barclays Bank PLC
1,521 28.25% 23.12% 25.53% 2.72%
14
 Nomura Securities
298 16.36% 14.79% 14.20% 2.16%
15
 Morgan Stanley
1,748 24.89% 20.97% 23.30% 1.59%
16
 Goldman Sachs
1,704 23.96% 25.03% 24.86% -0.90%
17
 JP Morgan
1,892 28.43% 23.89% 32.40% -3.97%
18
 Citigroup Investment Research
1,820 28.54% 19.95% 33.27% -4.73%
19
 Credit Suisse
1,398 23.30% 22.35% 28.20% -4.90%
20
 Merrill Lynch
2,080 21.06% 24.25% 26.80% -5.74%
21
 CFRA Research
876 21.64% 23.13% 27.67% -6.03%
22
 HSBC
432 21.62% 17.90% 43.45% -21.83%
23
 BMO Capital Markets
1,120 27.88% 23.63% 52.99% -25.11%
24
 CLSA
94 2.28% -10.65% 42.33% -40.05%