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
163 15.94% 8.16% -49.61% 65.55%
2
 CIBC
125 13.72% 19.50% -30.53% 44.25%
3
 TD Securities
846 11.10% 6.76% -10.27% 21.37%
4
 Deutsche Bank
1,025 11.83% 5.71% -6.49% 18.32%
5
 Argus Research Co
467 14.93% 5.12% -0.98% 15.91%
6
 Maxim Group LLC
170 12.08% -26.32%
7
 CFRA Research
821 14.60% 11.22% 2.56% 12.04%
8
 Exane BNP Paribas
337 12.10% 8.09% 2.03% 10.07%
9
 Nomura Securities
251 15.06% 10.04% 5.09% 9.97%
10
 Macquarie Group
345 17.46% 14.67% 10.07% 7.39%
11
 Janney Montgomery Scott LLC
297 9.67% 9.19% 2.97% 6.70%
12
 Credit Suisse
1,116 10.93% 8.53% 4.75% 6.18%
13
 JP Morgan
1,398 13.10% 7.56% 7.96% 5.14%
14
 BMO Capital Markets
900 13.18% 7.31% 9.39% 3.79%
15
 Goldman Sachs
1,227 10.66% 10.25% 6.99% 3.67%
16
 Merrill Lynch
1,549 11.27% 8.03% 8.53% 2.74%
17
 UBS
1,267 9.43% 8.41% 7.34% 2.09%
18
 Piper Sandler
1,120 6.12% 8.37% 4.92% 1.20%
19
 Morgan Stanley
1,286 11.29% 7.56% 11.71% -0.42%
20
 CLSA
34 22.32% -12.15% 23.90% -1.58%
21
 Sidoti & Co
261 2.85% 4.24% 5.00% -2.15%
22
 HSBC
310 12.56% 14.00% 15.09% -2.53%
23
 Barclays Bank PLC
1,144 7.53% 8.07% 11.54% -4.01%
24
 Citigroup Investment Research
1,399 11.02% 7.31% 19.02% -8.00%
25
 Societe Generale
102 -1.83% 16.24% 8.64% -10.47%