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 67.38% 45.52% -38.39% 105.77%
2
 Sidoti & Co
257 29.76% 23.81% -56.12% 85.88%
3
 Argus Research Co
501 30.86% 22.21% -31.15% 62.01%
4
 CIBC
146 39.58% 45.95% -0.60% 40.18%
5
 Janney Montgomery Scott LLC
317 27.98% 17.64% 0.00% 27.98%
6
 TD Securities
1,206 43.99% 35.68% 16.93% 27.06%
7
 Societe Generale
112 46.36% 27.61% 27.28% 19.08%
8
 UBS
1,661 33.89% 27.92% 16.15% 17.74%
9
 Deutsche Bank
1,244 35.00% 23.30% 21.00% 14.00%
10
 Exane BNP Paribas
416 33.47% 26.68% 29.19% 4.28%
11
 Macquarie Group
426 28.67% 31.09% 25.60% 3.07%
12
 JP Morgan
1,887 36.74% 31.41% 36.65% 0.09%
13
 Goldman Sachs
1,708 31.42% 32.57% 31.46% -0.04%
14
 Barclays Bank PLC
1,508 30.15% 28.13% 31.98% -1.83%
15
 CFRA Research
878 28.30% 29.63% 31.55% -3.25%
16
 HSBC
432 36.22% 30.47% 39.59% -3.37%
17
 Credit Suisse
1,407 29.38% 26.49% 33.34% -3.96%
18
 Morgan Stanley
1,758 29.88% 27.46% 34.37% -4.49%
19
 Merrill Lynch
2,083 29.56% 32.11% 37.40% -7.84%
20
 Citigroup Investment Research
1,824 37.04% 25.01% 45.62% -8.58%
21
 Nomura Securities
297 28.95% 28.66% 43.42% -14.47%
22
 Piper Sandler
1,430 37.13% 25.59% 55.74% -18.61%
23
 BMO Capital Markets
1,099 35.08% 30.24% 64.61% -29.53%
24
 CLSA
89 28.27% -8.00% 79.29% -51.02%