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
274 29.54% 16.23% -49.87% 79.41%
2
 Sidoti & Co
262 14.00% 12.89% -61.33% 75.33%
3
 Argus Research Co
554 19.57% 8.81% -32.31% 51.88%
4
 CIBC
149 38.13% 43.81% 1.05% 37.08%
5
 Maxim Group LLC
170 22.53% -8.70%
6
 TD Securities
1,230 26.37% 17.38% 6.05% 20.32%
7
 Exane BNP Paribas
407 21.91% 15.79% 5.98% 15.93%
8
 Janney Montgomery Scott LLC
327 15.48% 6.90% 0.00% 15.48%
9
 UBS
1,683 20.69% 13.34% 6.34% 14.35%
10
 Societe Generale
114 30.12% 18.08% 23.90% 6.22%
11
 Goldman Sachs
1,761 19.01% 16.53% 13.80% 5.21%
12
 Deutsche Bank
1,270 18.59% 9.06% 14.04% 4.55%
13
 JP Morgan
1,930 23.00% 16.33% 19.22% 3.78%
14
 CFRA Research
890 16.66% 17.05% 13.93% 2.73%
15
 Credit Suisse
1,445 18.23% 14.48% 17.02% 1.21%
16
 Barclays Bank PLC
1,529 16.33% 13.74% 15.55% 0.78%
17
 Morgan Stanley
1,809 17.32% 13.16% 17.67% -0.35%
18
 Merrill Lynch
2,134 17.72% 18.56% 19.06% -1.34%
19
 Piper Sandler
1,480 17.62% 9.64% 19.35% -1.73%
20
 Macquarie Group
438 15.80% 12.75% 18.55% -2.75%
21
 Citigroup Investment Research
1,878 21.09% 11.21% 27.32% -6.23%
22
 Nomura Securities
301 9.81% 12.84% 21.73% -11.92%
23
 HSBC
437 23.91% 20.24% 36.90% -12.99%
24
 BMO Capital Markets
1,119 23.23% 17.07% 36.54% -13.31%
25
 CLSA
88 19.79% -4.18% 64.50% -44.71%