The
Charles Schwab Corporation (SCHW) appears to be a favorite among institutional shareholders, owning around
71% to 73% of the company. Over the past five years, investors have enjoyed a
notable 65% return. The stock continues to attract attention with
Buy Signals and its market leader position. Insider activity, however, points to some caution, with significant amounts of stock being sold. Notwithstanding, SCHW's financial performance seems strong, with the stock hitting a
52-week high of $81.96 and Q3 earnings and revenue estimates exceeded. Although the company has shown some
Q3 decline, expectations are high for future growth. Hedge funds seem to consider SCHW a strong American bank stock to buy. Despite the sale of SCHW shares by Broyhill Capital Management citing limited upside, Charles Schwab continues to experience robust asset gathering and sweeping cash growth. Its CEO, Walt Bettinger, is set to retire, while the company's interest in spot crypto trading is reportedly pending regulatory clarity.
The Charles Schwab Corporation SCHW News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Fri, 03 Jan 2025 22:56:15 GMT -
Rating 7
- Innovation 4
- Rumor -5
