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 6.07% 6.41% -38.23% 44.30%
2
 TD Securities
822 1.04% -5.88% -27.22% 28.26%
3
 Northland Capital Markets
160 -11.48% -6.04% -33.57% 22.09%
4
 Exane BNP Paribas
335 2.66% 1.83% -15.30% 17.96%
5
 Nomura Securities
251 5.94% -3.29% -9.07% 15.01%
6
 Sidoti & Co
259 -4.97% -2.79% -18.59% 13.62%
7
 BMO Capital Markets
887 2.70% -2.90% -9.59% 12.29%
8
 Janney Montgomery Scott LLC
296 13.49% 9.72% 2.01% 11.48%
9
 Deutsche Bank
1,023 0.60% -1.06% -9.88% 10.48%
10
 Piper Sandler
1,118 1.10% 1.28% -7.76% 8.86%
11
 Goldman Sachs
1,217 1.99% -0.01% -5.99% 7.98%
12
 CFRA Research
828 4.79% 1.60% -2.63% 7.42%
13
 Morgan Stanley
1,283 2.89% -0.54% -4.17% 7.06%
14
 JP Morgan
1,393 4.87% -3.06% -1.91% 6.78%
15
 Merrill Lynch
1,542 3.67% -3.29% -2.97% 6.64%
16
 Credit Suisse
1,117 2.15% 0.86% -4.47% 6.62%
17
 CLSA
33 1.11% -11.85% -5.32% 6.43%
18
 Barclays Bank PLC
1,140 2.55% 0.57% 0.26% 2.29%
19
 Citigroup Investment Research
1,396 1.60% -1.54% -0.20% 1.80%
20
 Argus Research Co
469 6.43% -0.92% 5.19% 1.24%
21
 UBS
1,265 2.13% -1.79% 3.70% -1.57%
22
 Macquarie Group
345 1.87% 2.48% 6.46% -4.59%
23
 Maxim Group LLC
170 -6.99% -29.19%
24
 HSBC
308 -1.03% 1.24% 9.72% -10.75%
25
 Societe Generale
102 -14.63% 5.23% 5.98% -20.61%