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
256 30.23% 20.66% -68.81% 99.04%
2
 Northland Capital Markets
280 43.80% 22.23% -25.14% 68.94%
3
 Argus Research Co
501 24.27% 18.33% -29.46% 53.73%
4
 TD Securities
1,223 34.52% 23.95% -14.58% 49.10%
5
 CIBC
146 31.35% 29.25% -1.32% 32.67%
6
 Janney Montgomery Scott LLC
316 23.15% 15.16% 0.00% 23.15%
7
 Maxim Group LLC
170 21.10% 16.43%
8
 Exane BNP Paribas
424 24.90% 18.31% 9.10% 15.80%
9
 UBS
1,684 24.04% 20.44% 9.25% 14.79%
10
 Deutsche Bank
1,241 23.03% 17.65% 8.29% 14.74%
11
 Societe Generale
110 32.99% 24.57% 19.77% 13.22%
12
 Piper Sandler
1,429 29.93% 21.21% 21.62% 8.31%
13
 Macquarie Group
426 13.82% 28.68% 6.92% 6.90%
14
 Barclays Bank PLC
1,523 26.00% 20.30% 23.35% 2.65%
15
 Morgan Stanley
1,749 22.48% 19.04% 20.46% 2.02%
16
 Nomura Securities
299 13.08% 14.05% 12.82% 0.26%
17
 Goldman Sachs
1,707 21.63% 22.35% 21.55% 0.08%
18
 JP Morgan
1,893 26.38% 21.14% 27.71% -1.33%
19
 Citigroup Investment Research
1,820 24.95% 17.88% 28.25% -3.30%
20
 Merrill Lynch
2,082 19.11% 20.99% 23.34% -4.23%
21
 CFRA Research
874 20.48% 20.91% 24.80% -4.32%
22
 Credit Suisse
1,398 21.52% 19.67% 27.07% -5.55%
23
 HSBC
433 18.68% 14.91% 38.43% -19.75%
24
 BMO Capital Markets
1,122 25.99% 22.11% 48.92% -22.93%
25
 CLSA
95 -0.91% -14.31% 26.85% -27.76%