Professional
Added to YB: 2024-12-10
Pitch date: 2024-11-05
SCHW [bullish]
The Charles Schwab Corporation
+31.65%
current return
Author Info
No bio for this author
Company Info
The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally.
Market Cap
$161.2B
Pitch Price
$73.42
Price Target
N/A
Dividend
1.19%
EV/EBITDA
N/A
P/E
21.26
EV/Sales
N/A
Sector
Capital Markets
Category
turnaround
The London Company Income Equity Portfolio Holding: The Charles Schwab Corporation
SCHW: Weak Q3 & YTD due to prolonged cash sorting. Fundamentals intact. Expect earnings rebound in 18 months as Fed lowers rates. Long-term bullish on market share gains & sustainable growth. Near-term headwinds ending soon.
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