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
255 25.70% 21.75% -69.81% 95.51%
2
 Northland Capital Markets
276 40.21% 21.73% -21.05% 61.26%
3
 Argus Research Co
501 20.59% 11.76% -39.63% 60.22%
4
 TD Securities
1,212 32.41% 22.96% -13.49% 45.90%
5
 CIBC
146 25.22% 22.67% -6.01% 31.23%
6
 Janney Montgomery Scott LLC
316 19.14% 11.72% 0.00% 19.14%
7
 Maxim Group LLC
170 18.91% 5.96%
8
 UBS
1,669 21.58% 17.98% 3.88% 17.70%
9
 Deutsche Bank
1,237 20.79% 15.45% 5.52% 15.27%
10
 Societe Generale
110 26.26% 21.18% 14.28% 11.98%
11
 Exane BNP Paribas
421 20.49% 16.88% 8.53% 11.96%
12
 Macquarie Group
427 11.03% 20.26% 1.63% 9.40%
13
 Piper Sandler
1,421 26.35% 17.54% 20.05% 6.30%
14
 Nomura Securities
298 13.84% 11.97% 10.23% 3.61%
15
 Barclays Bank PLC
1,517 21.23% 18.56% 21.50% -0.27%
16
 Goldman Sachs
1,700 18.31% 21.13% 19.73% -1.42%
17
 Morgan Stanley
1,743 19.11% 15.39% 21.39% -2.28%
18
 CFRA Research
875 14.49% 16.41% 19.71% -5.22%
19
 JP Morgan
1,881 23.02% 18.53% 28.89% -5.87%
20
 Credit Suisse
1,396 18.02% 15.56% 24.35% -6.33%
21
 Merrill Lynch
2,075 16.74% 19.47% 23.11% -6.37%
22
 Citigroup Investment Research
1,819 22.31% 14.81% 34.42% -12.11%
23
 HSBC
431 16.30% 14.43% 34.69% -18.39%
24
 CLSA
89 2.31% -19.23% 31.32% -29.01%
25
 BMO Capital Markets
1,098 23.33% 19.77% 60.65% -37.32%