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 19.59% 13.83% -76.85% 96.44%
2
 TD Securities
1,210 19.29% 11.98% -30.07% 49.36%
3
 Northland Capital Markets
278 20.00% 11.54% -25.98% 45.98%
4
 Argus Research Co
502 13.66% 8.17% -14.96% 28.62%
5
 Exane BNP Paribas
421 12.72% 7.32% -7.45% 20.17%
6
 CIBC
143 14.78% 12.15% -2.55% 17.33%
7
 Deutsche Bank
1,221 10.60% 7.93% -5.68% 16.28%
8
 Piper Sandler
1,419 15.49% 13.01% 1.16% 14.33%
9
 Janney Montgomery Scott LLC
320 14.23% 5.76% 0.00% 14.23%
10
 UBS
1,668 12.36% 8.23% 0.02% 12.34%
11
 Societe Generale
110 20.15% 18.35% 7.92% 12.23%
12
 Maxim Group LLC
170 10.80% 4.11%
13
 Macquarie Group
421 3.04% 16.24% -5.33% 8.37%
14
 Nomura Securities
294 0.07% 5.21% -6.40% 6.47%
15
 Morgan Stanley
1,736 11.53% 10.52% 8.28% 3.25%
16
 JP Morgan
1,879 13.98% 10.79% 13.64% 0.34%
17
 Goldman Sachs
1,681 10.37% 10.09% 10.68% -0.31%
18
 Barclays Bank PLC
1,492 13.10% 9.50% 13.91% -0.81%
19
 Merrill Lynch
2,059 8.93% 7.56% 11.40% -2.47%
20
 CFRA Research
844 10.43% 9.63% 14.64% -4.21%
21
 Credit Suisse
1,366 7.99% 9.05% 12.78% -4.79%
22
 Citigroup Investment Research
1,792 12.20% 8.36% 23.12% -10.92%
23
 BMO Capital Markets
1,111 11.05% 10.86% 23.79% -12.74%
24
 CLSA
97 -9.56% -16.72% 6.33% -15.89%
25
 HSBC
434 10.16% 4.40% 30.42% -20.26%