The Charles Schwab Corporation (SCHW) has steadily gained favor with long-term momentum investors. Numerous wealth advisory firms, including Guardian Wealth Advisors and NUVEEN Asset Management, have recently boosted their investments in SCHW. Market optimism has resulted in the stock trading above resistance levels, leading investors to predict it could approach its late 2021 all-time-highs. SCHW reported strong client growth in April 2025 and is witnessing a surge in its stock, backed by increased investor confidence and projections of its steady growth trajectory.
Analysts maintain a
'Buy' rating on SCHW with an increased price target. Investors have also profited with the stock, registering a 4.0% increase last week. The daily average revenue trades climbed by 14% in April and total client assets also increased. The trend has attracted several institutional investors as they now control 75% of SCHW. Among notable shareholders is Point72 Hong Kong, which purchased 273,390 shares and other investment firms like Nissay Asset Management and PointState Capital also bolstered their stake in SCHW.
Schwab reported record first-quarter revenue and better-than-expected Q1 earnings. Goldman Sachs has given SCHW a massive rating upgrade factoring its lower debt, increased cash holdings, and 'durable' organic growth. The stock is deemed by analysts as an undervalued wide moat stock with significant potential.
The Charles Schwab Corporation SCHW News Analytics from Wed, 15 Jan 2025 08:00:00 GMT to Sat, 17 May 2025 17:57:31 GMT -
Rating 8
- Innovation 4
- Information 9
- Rumor -5
