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
270 15.10% 3.98% -53.26% 68.36%
2
 Sidoti & Co
264 -5.79% -4.72% -49.27% 43.48%
3
 CIBC
149 21.53% 28.24% -21.27% 42.80%
4
 Argus Research Co
499 9.26% -1.21% -32.21% 41.47%
5
 Maxim Group LLC
170 21.12% -18.38%
6
 Exane BNP Paribas
397 10.77% 6.15% -5.73% 16.50%
7
 CFRA Research
896 8.56% 5.94% -2.71% 11.27%
8
 Deutsche Bank
1,264 7.05% 1.18% -0.45% 7.50%
9
 TD Securities
1,199 13.17% 7.53% 5.87% 7.30%
10
 Piper Sandler
1,478 7.17% 3.42% 0.98% 6.19%
11
 Macquarie Group
438 8.60% 9.45% 2.78% 5.82%
12
 Credit Suisse
1,447 9.50% 5.92% 3.99% 5.51%
13
 Goldman Sachs
1,747 9.20% 8.83% 5.52% 3.68%
14
 JP Morgan
1,908 13.15% 5.98% 9.85% 3.30%
15
 Morgan Stanley
1,798 9.21% 5.22% 6.50% 2.71%
16
 Nomura Securities
301 6.73% 0.63% 4.67% 2.06%
17
 Barclays Bank PLC
1,502 6.58% 6.06% 5.82% 0.76%
18
 Janney Montgomery Scott LLC
330 1.27% -4.51% 1.32% -0.05%
19
 Merrill Lynch
2,124 8.47% 9.15% 9.22% -0.75%
20
 BMO Capital Markets
1,112 12.99% 5.99% 15.73% -2.74%
21
 Citigroup Investment Research
1,862 9.57% 4.92% 14.70% -5.13%
22
 Societe Generale
114 10.61% 13.47% 16.78% -6.17%
23
 HSBC
432 13.75% 14.39% 21.60% -7.85%
24
 UBS
1,663 9.20% 6.08% 31.65% -22.45%
25
 CLSA
88 17.87% -2.31% 53.27% -35.40%