Charles Schwab Corporation (SCHW)

33.91
0.77 2.30
NYSE
Prev Close 33.14
Open 33.02
Day Low/High 32.84 / 34.00
52 Wk Low/High 28.00 / 51.65
Volume 5.50M
Exchange NYSE
Shares Outstanding 1287.38B
Market Cap 43.80B
P/E Ratio 13.36
Div & Yield N.A. (N.A)

The Discount Broker Race

It's E*Trade playing catch-up with Schwab. E*Trade's (ETFC) shares are beginning to catch up to Schwab's (SCHW), but there could still be more catch-up ahead. Here is a comparison of performance between E*Trade and Schwab.

50 Levels I Would Buy

It is time for another levels update. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 50 stocks, I would only rate only three -- ProShares UltraShort 20+ Year Treasury (TBT), ...

Sold Schwab

I am still long E*Trade. Housekeeping item: Schwab (SCHW) has reached my price objective, so I sold my position today. I am still long E*Trade (ETFC).

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 39 stocks, I would only rate...

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 30 stocks, I would only rate...

Sticking With Discount Brokers

I still would not rule out an E*Trade takeover. The discount brokers that I own -- namely, E*Trade (ETFC) and Schwab (SCHW) -- have traded well over the last few days. For those that have a negative market outlook, taking some profits makes some sen...

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 30 stocks, I would only rate...

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 30 stocks, I would only rate...

Levels I Would Buy

Here is a list of buy levels for selected stocks that I have recently mentioned on Real Money Pro. As promised yesterday, presented below are my buy levels of selected stocks that I have recently mentioned on Real Money Pro: Charming Shoppes (CHRS),...

More on Morgan

El Capitan's positive view and my short can be reconciled. Jim "El Capitan" Cramer wrote a column this afternoon updating his positive view on Morgan Stanley (MS). In reality Jim and I share a positive intermediate-term view on MS shares. The differ...

Game of DARTs

Schwab's growth in daily average revenue trades underperformed E*Trade's. This morning Schwab (SCHW) reported its January daily average revenue trades (DARTs). It is interesting to note that the company's DARTs rose by only 8% from December vs. E*Tr...

What to Own and How Much

What to Own and How Much

I continue to believe that quality companies are on sale.

What to Own and How Much

I continue to believe that quality companies are on sale. So far, the Cassandras' predictions of global collapse and failure have been proven false. Some of the most notorious bears are now turning bullish and revising their forecasts to the positiv...

Stalking Schwab

The stock is down on money-market regulation. Schwab (SCHW) is down on the money-market fund regulation I referred to earlier today. I would be a buyer under $12.15.

Positive Investor Day for Schwab

And it's also a positive day for Schwab investors. The Schwab (SCHW) investor day is going quite well all around. The shares are at the day's high.

A Contrarian's Dream

A Contrarian's Dream

Most investor classes have massively de-risked.

A Contrarian's Dream

Most investor classes have massively de-risked. Today's dominant investor classes -- individual investors, hedge funds and pension funds -- have de-risked and are relatively uncommitted to equities. A re-allocation into stocks (and out of bonds) rep...

Sticking With E*Trade

I see little risk and lots of upside in the brokerages. This is interesting: E-Trade Financial (ETFC), which has often been rumored to be a potential takeover target of rival TD Ameritrade (AMTD), named Frank Petrilli its new chairman. He replaces C...

Added to Some Longs

I also shorted more SPY puts. I have added to the following longs today: Schwab (SCHW), Procter & Gamble (PG), PepsiCo (PEP), Lincoln National (LNC), Clorox (CLX). I have also shorted some more SPDR S&P 500 ETF Trust (SPY) March 130 puts.

Schwab Slips Through the Cracks

Schwab Slips Through the Cracks

Somehow, this high-quality name is trading at four-year lows amid the broad-market surge.

Two to Tango

Two to Tango

A pair of important developments will have a positive intermediate-term impact on risk assets. 

Two to Tango

A pair of important developments will have a positive intermediate-term impact on the markets and on risk assets. While I continue to expect some short-term market weakness, two important developments occurred over the past few days that will have a...

Charles Schwab downgraded at JP Morgan

Giddy Up!

E*Trade and Schwab are getting jiggy. Discount brokers E*Trade (ETFC) and Schwab (SCHW) are getting jiggy now.

Adding to Schwab

The broker had an in-line earnings report. I am buying more Schwab (SCHW) on an in-line earnings report.

The Broker Beat

Ameritrade beats and Schwad gets a raise. TD Ameritrade (AMTD) beats by a penny and guides higher for the year. And Goldman raises Schwab (SCHW) to Overweight this morning.

Charles Schwab upgraded at Goldman

More Moves in Financials

I am making some moves in my financial holdings. Housekeeping item: I have sold some Legg Mason (LM), and I have used the proceeds to add to Schwab (SCHW).

Financials Moving

I pressed my Schwab long on E*Trade turning green. E*Trade (ETFC) turns green, and I further pressed my Schwab (SCHW) long.

Added to Schwab

I picked up more shares at $11.98. I added to my Schwab (SCHW) long at $11.98 just now. It was downgraded to Neutral by Wells Fargo this morning.