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
262 7.34% 6.36% -54.92% 62.26%
2
 Northland Capital Markets
275 13.15% 4.10% -44.39% 57.54%
3
 Argus Research Co
499 14.82% 7.28% -31.00% 45.82%
4
 CIBC
149 29.71% 37.23% -12.36% 42.07%
5
 TD Securities
1,221 17.13% 12.53% 0.72% 16.41%
6
 Maxim Group LLC
170 15.28% -20.25%
7
 Janney Montgomery Scott LLC
328 13.04% 5.91% 0.00% 13.04%
8
 UBS
1,679 13.99% 10.06% 4.30% 9.69%
9
 Exane BNP Paribas
405 15.13% 14.91% 5.91% 9.22%
10
 Deutsche Bank
1,271 12.86% 6.15% 5.39% 7.47%
11
 JP Morgan
1,930 16.67% 11.81% 12.68% 3.99%
12
 Goldman Sachs
1,759 13.99% 11.27% 11.28% 2.71%
13
 CFRA Research
894 11.29% 12.70% 8.64% 2.65%
14
 Credit Suisse
1,446 13.59% 10.76% 11.45% 2.14%
15
 Morgan Stanley
1,808 11.25% 9.76% 10.97% 0.28%
16
 Citigroup Investment Research
1,876 13.88% 8.53% 14.47% -0.59%
17
 Barclays Bank PLC
1,519 10.67% 10.61% 11.75% -1.08%
18
 Piper Sandler
1,485 10.82% 5.64% 12.98% -2.16%
19
 Merrill Lynch
2,132 12.25% 13.99% 14.95% -2.70%
20
 Societe Generale
114 24.40% 16.09% 27.63% -3.23%
21
 Nomura Securities
301 7.82% 9.31% 11.97% -4.15%
22
 Macquarie Group
438 10.08% 10.09% 14.75% -4.67%
23
 HSBC
436 19.99% 18.86% 28.17% -8.18%
24
 BMO Capital Markets
1,119 18.38% 13.18% 28.39% -10.01%
25
 CLSA
88 18.89% -7.55% 66.32% -47.43%