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 26.81% 23.04% -71.58% 98.39%
2
 Argus Research Co
503 21.39% 15.54% -41.23% 62.62%
3
 Northland Capital Markets
277 28.59% 13.01% -24.90% 53.49%
4
 TD Securities
1,218 29.80% 21.06% -13.74% 43.54%
5
 CIBC
146 26.12% 22.22% -5.46% 31.58%
6
 Janney Montgomery Scott LLC
316 23.57% 14.57% 0.00% 23.57%
7
 Deutsche Bank
1,239 20.30% 15.78% 2.79% 17.51%
8
 UBS
1,677 22.04% 18.69% 5.94% 16.10%
9
 Exane BNP Paribas
422 19.67% 17.97% 8.75% 10.92%
10
 Piper Sandler
1,426 25.50% 18.93% 14.59% 10.91%
11
 Societe Generale
110 25.31% 20.30% 16.23% 9.08%
12
 Macquarie Group
426 11.66% 22.60% 3.65% 8.01%
13
 Nomura Securities
298 12.69% 10.54% 11.28% 1.41%
14
 Goldman Sachs
1,703 18.43% 20.88% 19.01% -0.58%
15
 Morgan Stanley
1,746 19.30% 16.28% 20.00% -0.70%
16
 Barclays Bank PLC
1,523 21.72% 18.81% 22.95% -1.23%
17
 JP Morgan
1,889 22.79% 18.87% 25.44% -2.65%
18
 Credit Suisse
1,395 18.63% 17.24% 23.37% -4.74%
19
 Citigroup Investment Research
1,820 22.42% 15.96% 27.79% -5.37%
20
 Merrill Lynch
2,079 16.74% 19.90% 22.42% -5.68%
21
 CFRA Research
875 14.73% 19.00% 21.42% -6.69%
22
 HSBC
432 16.24% 15.36% 34.51% -18.27%
23
 CLSA
94 0.17% -14.88% 25.87% -25.70%
24
 BMO Capital Markets
1,119 22.87% 20.22% 57.69% -34.82%