TipRanks created this list by analyzing every stock recommendation that investment research firms made in the last decade. The list gives higher ratings to firms that have a greater number of ratings. In descending order, the image below shows Wall Street's most successful research firms.
RBC Capital, a global investment bank, is ranked first. The 223 analysts of the firm issued 27,352 recommendations across all sectors, which is more than any other company on this list. RBC Capital has a 56% success rate. Jefferies, a full-service capital markets and investment banking firm, was ranked second. The firm has an average return rate of 8.3%, and a success rating of 56%. This is based on 25218 ratings by 358 analysts. Truist Financial, a provider of financial services, is ranked third. The average return was 13.4%, based on 10164 recommendations from 66 analysts in a variety of industries. Credit Suisse, a global financial services company, is ranked fourth. Credit Suisse's 467 analysts made 18,683 sector-specific recommendations, with an average return rate of 8.3%. UBS, the Swiss financial and banking giant, came in fifth. The 417 analysts at UBS have a success rate of 58% on more than 15,800 ratings with an average return 7.2%. KBW offers a full range of services as a boutique investment bank and broker-dealer. The team of 75 analysts at KBW has issued 3,947 recommendations for stocks. Analysts have had the most success recommending stocks in the Services sector. Raymond James, an independent investment bank with financial services, is next on the list. It delivered an average return rate of 8.2%. Stifel, a global investment bank and wealth management company, is ranked eighth on this list. The 291 analysts of the firm made 20,870 sector-specific recommendations. Stifel's success rate is 54% and it generated an average return 9.1%. Wolfe Research, an independent sell-side firm, is ranked ninth. The 48 analysts of Wolfe Research have an overall success rate of 61% on 5,432 ratings, with an average return per analyst of 11%. The 10th place is occupied by Deutsche Bank, a German financial services and investment bank. It generated an average return 7.3%. These top research firms can help investors make informed investment decisions by following their views. Top Research Companies