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 16.56% 20.97% -35.74% 52.30%
2
 Northland Capital Markets
160 2.04% 3.16% -49.61% 51.65%
3
 TD Securities
839 9.31% 2.22% -12.69% 22.00%
4
 Janney Montgomery Scott LLC
295 20.05% 16.21% 4.19% 15.86%
5
 Deutsche Bank
1,022 8.95% 5.98% -5.99% 14.94%
6
 Exane BNP Paribas
336 9.39% 11.26% -4.10% 13.49%
7
 Nomura Securities
251 11.81% 4.03% -0.93% 12.74%
8
 CFRA Research
824 14.20% 10.07% 5.72% 8.48%
9
 JP Morgan
1,394 13.63% 6.30% 5.65% 7.98%
10
 CLSA
33 16.27% -16.94% 9.37% 6.90%
11
 Credit Suisse
1,116 9.70% 9.89% 3.05% 6.65%
12
 Merrill Lynch
1,545 11.47% 6.19% 6.30% 5.17%
13
 Goldman Sachs
1,219 10.10% 9.80% 5.38% 4.72%
14
 BMO Capital Markets
894 11.27% 6.10% 6.77% 4.50%
15
 Morgan Stanley
1,284 11.53% 7.73% 7.61% 3.92%
16
 Piper Sandler
1,117 8.84% 10.14% 6.88% 1.96%
17
 Citigroup Investment Research
1,395 10.23% 6.85% 8.81% 1.42%
18
 Maxim Group LLC
170 1.03% -28.78%
19
 UBS
1,264 9.73% 7.34% 9.26% 0.47%
20
 Barclays Bank PLC
1,138 9.40% 9.04% 9.19% 0.21%
21
 Argus Research Co
468 13.70% 6.92% 23.29% -9.59%
22
 Sidoti & Co
261 1.49% 3.42% 11.73% -10.24%
23
 Macquarie Group
345 14.71% 13.69% 25.93% -11.22%
24
 HSBC
308 9.05% 12.15% 23.20% -14.15%
25
 Societe Generale
102 -3.47% 14.89% 12.16% -15.63%