|Bid||56.21 x 800|
|Ask||56.62 x 1400|
|Day's Range||55.30 - 56.37|
|52 Week Range||41.42 - 66.46|
|PE Ratio (TTM)||20.16|
|Earnings Date||Oct 17, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||68.57|
E*TRADE is the only major online broker to offer Vanguard mutual funds within its no-load, no-transaction-fee program
BARRONS NEXT HOT STOCKS Come on, somebody: Buy (ETFC) (ETFC)! That’s the short version of Wednesday’s note from Jefferies’ Daniel Fannon, who set a “buy” rating on shares of the online broker. “We view the current valuation as attractive for the core business,” he wrote, “while the financial and strategic benefits as a takeout candidate remain intact.
Wall Street's obsession with marijuana stocks has propelled industry leaders to lofty market valuations. Canadian cannabis company Tilray is now larger than half the stocks that comprise the S&P 500.
With a potential sale looming, shares of E-Trade Financial Corp. (NASDAQ: ETFC ) are attractive, according to Jefferies. The Analyst Jefferies analyst Daniel Fannon upgraded E-Trade Financial from Hold ...
E-Trade (ETFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TD Ameritrade (NASDAQ:AMTD), E*Trade Financial (NASDAQ:ETFC) and Charles Schwab (NYSE:SCHW) have all moved lower over the past few months, but I think that is providing a buying opportunity in each of these online broker stocks, as all three of these companies are strong fundamentally. TD Ameritrade has averaged earnings growth of 22% per year for the last three years. The latest quarterly results showed earnings growth of 85% and analysts expect the company’s earnings to grow by 80% for the year.
In an effort to retain existing customers and add new customers, JPMorgan Chase (JPM) has sweetened the offerings for its Sapphire accounts. Last week, the bank announced that credit card customers who open a new Sapphire bank account will be eligible for a 60,000 point sign-on bonus worth $900. For regular Chase customers who don’t have that kind of savings, they can upgrade to the Sapphire bank account by paying a monthly fee of $25.
E*TRADE also saw significant increases in net promoter scores across several key categories, outperforming industry benchmarks
A Russian man has been extradited to the United States from Georgia on charges that he took part in a massive computer hack, which targeted JPMorgan Chase & Co (JPM.N) and other U.S. companies, U.S. prosecutors announced on Friday. Andrei Tyurin, 35, was arrested in Georgia at the request of U.S. authorities, according to the office of U.S. Attorney Geoffrey Berman in Manhattan. Tyurin is the latest person charged in connection with one of the largest data breaches ever.
As the world of online brokers continues to evolve, it has become increasingly difficult for firms to stand apart from one another. In this year's ranking, TD Ameritrade beat Charles Schwab by less than a nose, with Fidelity and then E*Trade close behind. But zoom in, and you'll find that each firm, along with the four others we surveyed, has something different to offer--a niche that lets it shine in one way or another. With commissions about $7 or less at most firms, we gave that category less weight this year. But because the firms we surveyed told us that investors increasingly interact with them on smartphones or tablets, we gave more importance to mobile apps. The biggest, best-known firms, you'll notice, score better overall in our survey. But almost all of the firms let you trade stocks, exchange-traded funds, mutual funds and individual bonds online, as well as offer some online advisory services. Read on to find out how each of these eight firms scored--and which would be best match for you. SEE ALSO: The Most-Overlooked Broker Perks With additional reporting by Kyle Woodley
Fund companies and brokerage firms have a new pricing model: free! Fidelity Investments kicked off the freebie parade with the launch of two zero-fee index mutual funds in early August. JPMorgan Chase (JPM) and Vanguard Group subsequently announced plans to cut trading commissions to zero for stocks and/or exchange-traded funds, with some restrictions. BlackRock (BLK) is down 12% in the past three months, with much of those losses occurring after Fidelity launched its zero-fee funds.
It's hard to go wrong choosing an online brokerage these days. Just about all of the firms in our recent broker ranking allow investors to trade stocks, bonds, mutual funds and exchange-traded funds online, and all provide ample research and tools to help users make educated financial decisions. With so many brokers offering similar services (and at reasonable prices), your choice may depend on one or two features. Here are some lesser-known online brokerage perks. SEE ALSO: 25 Dividend Stocks That Analysts Love the Most
As anticipated, JPMorgan Chase (JPM) has launched its much-awaited free digital investment platform—You Invest—offering 100 free online trades to all its customers. According to JPMorgan, it will take less than three minutes to open a You Invest online investing account that users can manage from their phones or computers. Users with the You Invest service will get 100 free stock or ETF trades in the first year and will be charged $2.95 per trade if they make more trades.
Ryan McQueeney and Maddy Johnson discuss this week's political drama and highlight JPMorgan's new competitor to free trading app Robinhood. Later, the hosts recap earnings results from Urban Outfitters, Target, and Alibaba.
Online broker stocks took a hit Tuesday after CNBC reported JPMorgan Chase & Co. (NYSE: JPM) will introduce a new free trading service that will be available to its 47 million online and mobile banking customers starting next week. According to Dick, traders can expect more large institutions to following in JPMorgan’s footsteps. Dick said marketable orders are the ones that get sold (rather than limit orders) because off-exchange market makers can trade against those orders with virtually no risk. Who Gets Hit?