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 62.43% 38.20% -39.72% 102.15%
2
 Sidoti & Co
256 27.66% 23.00% -56.54% 84.20%
3
 Argus Research Co
502 25.54% 17.24% -33.94% 59.48%
4
 CIBC
146 35.61% 43.18% -4.34% 39.95%
5
 Maxim Group LLC
170 36.02% 5.70%
6
 Societe Generale
111 44.59% 23.29% 18.34% 26.25%
7
 Janney Montgomery Scott LLC
317 24.60% 15.38% 0.00% 24.60%
8
 TD Securities
1,209 36.35% 29.52% 12.47% 23.88%
9
 UBS
1,665 27.99% 23.18% 9.66% 18.33%
10
 Deutsche Bank
1,239 28.21% 19.16% 17.83% 10.38%
11
 Exane BNP Paribas
414 25.39% 22.44% 20.01% 5.38%
12
 Macquarie Group
427 23.37% 23.87% 19.77% 3.60%
13
 Barclays Bank PLC
1,507 24.85% 23.80% 24.55% 0.30%
14
 Goldman Sachs
1,703 24.46% 26.50% 25.57% -1.11%
15
 JP Morgan
1,883 29.64% 25.66% 32.50% -2.86%
16
 Credit Suisse
1,403 24.53% 22.41% 29.41% -4.88%
17
 CFRA Research
875 21.22% 24.23% 27.29% -6.07%
18
 HSBC
431 26.79% 24.96% 33.50% -6.71%
19
 Morgan Stanley
1,754 23.09% 21.52% 30.28% -7.19%
20
 Merrill Lynch
2,077 23.29% 27.54% 31.84% -8.55%
21
 Nomura Securities
297 22.59% 20.51% 33.42% -10.83%
22
 Citigroup Investment Research
1,820 29.72% 20.50% 40.67% -10.95%
23
 Piper Sandler
1,426 29.77% 21.35% 50.34% -20.57%
24
 BMO Capital Markets
1,101 29.56% 26.49% 61.21% -31.65%
25
 CLSA
89 17.99% -23.84% 64.00% -46.01%