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
272 52.79% 31.81% -36.59% 89.38%
2
 Sidoti & Co
256 17.55% 14.13% -69.03% 86.58%
3
 Argus Research Co
502 18.01% 10.49% -35.03% 53.04%
4
 CIBC
146 29.42% 36.56% -13.65% 43.07%
5
 TD Securities
1,211 28.56% 22.04% -1.31% 29.87%
6
 Maxim Group LLC
170 25.99% 7.27%
7
 Societe Generale
111 41.62% 17.24% 16.04% 25.58%
8
 UBS
1,668 19.40% 14.92% 0.90% 18.50%
9
 Janney Montgomery Scott LLC
317 16.94% 8.09% 0.00% 16.94%
10
 Exane BNP Paribas
414 18.17% 16.04% 8.05% 10.12%
11
 Macquarie Group
428 13.49% 18.53% 7.09% 6.40%
12
 Deutsche Bank
1,238 19.24% 11.26% 15.55% 3.69%
13
 Goldman Sachs
1,702 15.89% 17.59% 16.88% -0.99%
14
 Barclays Bank PLC
1,504 16.85% 16.32% 18.04% -1.19%
15
 Credit Suisse
1,402 17.90% 14.28% 21.77% -3.87%
16
 Nomura Securities
297 12.99% 13.10% 18.34% -5.35%
17
 CFRA Research
874 12.72% 15.36% 18.87% -6.15%
18
 Piper Sandler
1,421 22.19% 14.52% 28.76% -6.57%
19
 Morgan Stanley
1,752 15.47% 12.93% 22.49% -7.02%
20
 JP Morgan
1,880 20.66% 17.53% 27.85% -7.19%
21
 Merrill Lynch
2,076 15.21% 17.42% 23.29% -8.08%
22
 HSBC
432 19.52% 17.06% 31.18% -11.66%
23
 Citigroup Investment Research
1,819 20.87% 13.45% 34.43% -13.56%
24
 BMO Capital Markets
1,101 21.52% 19.02% 46.25% -24.73%
25
 CLSA
89 9.46% -23.81% 49.36% -39.90%