|Bid||55.10 x 800|
|Ask||0.00 x 900|
|Day's Range||56.80 - 58.01|
|52 Week Range||37.63 - 60.22|
|PE Ratio (TTM)||32.35|
|Earnings Date||Jul 16, 2018 - Jul 20, 2018|
|Forward Dividend & Yield||0.40 (0.67%)|
|1y Target Est||61.16|
Charles Schwab’s annual Modern Wealth Index finds most Americans are living paycheck to paycheck and don’t have a financial plan. Yahoo Finance’s Alexis Christoforous speaks with Charles Schwab’s Abel Oonnoonny.
Consumer staples stocks have been one of the worst performing sectors among the S&P 500 industries for more than a year now, but that sell-off in the makers of everything from ketchup to sunblock may be overdone, at least according to Brad Sorensen, head of market and sector analysis for Charles Schwab's Schwab Center for Financial Research. In a recent blog post, the analyst at The Charles Schwab Corporation ( SCHW) said that, while stocks in the sector have been getting beaten up over competition and concerns that rising costs could hurt margins, fears may be unwarranted. After all, when it comes to the retail sector, the one competitor that everyone is worried about is Amazon.com, Inc. ( AMZN).
The Charles Schwab Corporation announced today that it will redeem all of its outstanding 2.20% Senior Notes due July 25, 2018 on June 25, 2018 .
Corporate earnings are up double-digit percentages for the first quarter and are expected to see more growth in the current second quarter at the same time that the economy is humming along and unemployment is low. In a post, Liz Ann Sonders, chief investment strategist at The Charles Schwab Corporation ( SCHW), pointed out that, while corporate earnings and economic data seem disconnected to many investors, the stock market is actually adept at finding inflection points in both data points.
Stock futures were little changed Thursday. President Trump ordered a probe into whether auto imports undermine national security. Apple, Nvidia, Charles Schwab, Microsoft and Splunk are top stocks holding near buy zones.
The flattening of the yield has been worrying some Wall Street watchers, who see it as a sign that the economy is heading south. The yield curve, which is a snapshot of the expected rate of returns on a collection of bonds with different maturities, can tell a lot about the perception of the economy based on its curve. After all, its record as an indicator has been consistent, with The Charles Schwab Corporation ( SCHW) pointing out that every recession in the U.S. and accompanying global economic recession over the past 50 years was preceded by an inverted yield curve.
The conventional wisdom may call for investors to reduce their equities exposure in a period when the Federal Reserve is raising interest rates, but Charles Schwab's chief investment strategist Liz Ann Sonders thinks investors should do the opposite. From 1946 to 2006, Sonders said that the S&P 500 Index rose during all but two of the interest rate tightening cycles, or periods in which the Federal Reserve raised rates three or more times. "If the Fed is repeatedly raising rates in an attempt to bring inflation under control – as was the case during the 1973-1974 rate-hike cycle – then it can be a very negative environment for stocks," Sonders said in a report.
E*TRADE's stock has been trading up since the start of 2018 and is more than 10% higher since the company reported quarterly earnings in late April. The New York-based discount brokerage has the backing of many of the Wall Street analysts that cover it, with more buy ratings than hold and underperform ratings.
Charles Schwab is courting high-tech workers in an effort to staff its new innovation hub and is holding an event this week to meet that end. With financial services increasingly moving online and onto mobile devices and with fintechs cropping up to steal customers from the traditional players, online brokerages including The Charles Schwab Corporation ( SCHW) have been pouring more attention and money into digital services. With Schwab gearing up to expand its Digital Accelerator program, the firm is hosting an event this week to highlight how it is disrupting the industry across different areas.
Thousands of Schwab employees and executives will honor Schwab’s long-standing culture of service by participating in Schwab Volunteer Week, which kicks off today with a week of volunteer projects that help local and national nonprofit organizations.
Morgan Stanley has released a massive study that identifies 30 stocks representing their "best long-term picks based on sustainability and quality of business model." They add, "Our Chief U.S. Equity Strategist, Michael Wilson, recently reiterated his view that we are likely to see a rolling bear market across individual stocks and sectors that results in a choppy, range-trading index for years—an environment in which stock-picking will clearly become more important." This is the first of two articles that Investopedia will devote to that study. Among the 30 stocks recommended by Morgan Stanley are: Activision Blizzard Inc. ( ATVI), Alphabet Inc. ( GOOGL), Constellation Brands Inc. ( STZ), BlackRock Inc. ( BLK), The Bank of New York Mellon Corp. ( BK), The Charles Schwab Corp. ( SCHW), JPMorgan Chase & Co. ( JPM), and Northrop Grumman Corp. ( NOC).
It’s easy to overlook the many advantages that technology has brought to individual investors. It was only back in 1971 that the first electronic stock exchange — the Nasdaq — was launched. Scrappy entrepreneurs like Charles Schwab understood the opportunities and created online platforms focused on convenience, wide access to information and lower fees.
Emerging market bonds have been underperforming developed market bonds, but that doesn't mean it's time for investors to allocate more money to the group. "Valuations still appear high," said the executive at The Charles Schwab Corporation ( SCHW).
In May, E*TRADE Financial (ETFC) is tracked by 17 analysts. Nine analysts suggested a “strong buy” for ETFC, and two gave “hold” ratings. The remaining six analysts suggested a “buy” on E*TRADE Financial. These ratings are unchanged from April.
E*TRADE Financial’s (ETFC) price-to-earnings ratio is ~17.1x. This highlights its discounted valuation versus the average PE ratio of its peers of ~24.1x. Among the company’s competitors, Charles Schwab (SCHW), TD Ameritrade Holding (AMTD), and Interactive Brokers Group (IBKR) have price-to-earnings ratios of ~22.5x, ~16.7x, and ~33.1x, respectively, on a next-12-months (or NTM) basis.
For the ambitious looking for the best-paying gigs on the city’s payroll, look no further than the San Francisco City & County Employees’ Retirement System.
The European Union’s General Data Protection Regulation takes effect May 25, and Steve Sanders, the executive vice president of marketing and product development at Interactive Brokers (NASDAQ: IBKR), described it as the “bane of my existence.” Compliance with the regulations is taking resources from other products at the online brokerage, he said. After CBOE Global Markets Inc (NASDAQ: CBOE) launched bitcoin futures in December, Charles Schwab Corporation (NYSE: SCHW) didn't immediately make the product available to clients, said Barry Metzger, the brokerage’s senior vice president of global, trading and advice.
Oil prices are on the rise, more than doubling in just two years. "We believe the potential is there for oil and the energy sector to move higher over the next several months," said Brad Sorensen, managing director of market and sector analysis for the Schwab Center for Financial Research. For energy, that would be about 5% of their stock portfolios." The executive at The Charles Schwab Corporation ( SCHW) advised that investors willing to take on potentially more risk could have a "slightly larger" allocation but should also brace for some fear-evoking market moves.
Many are watching to see whether the new tax law will spur individuals or companies to leave California and other high-tax states. Brokerage pioneer Chuck Schwab says it's already happening.
Despite the importance of saving for retirement, new research from Charles Schwab shows that only one in four Americans have a written financial plan in place, while three in five Americans are living paycheck to paycheck. The Charles Schwab Corporation's ( SCHW) 2018 Modern Wealth Index scores participants from 1 to 100 based on how well they manage their money, goal setting, financial planning, saving and investing, in addition to how well they are staying on track and their confidence in reaching their financial goals. Non-planners earned a score of 44, while those with a financial plan on the books had a score of 68.
E*TRADE reported this week that daily average revenue trades (DARTs) during the month of April declined 12% from March. In a press release, the New York-based online brokerage said that derivatives accounted for 36% of DARTs during April. While customers reigned in trading during April, E*TRADE Financial Corporation ( ETFC) was able to add 188,056 gross new brokerage accounts and as of April had 3.9 million brokerage accounts, an increase of 155,634 from March.
Charles Schwab (SCHW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Of the 21 analysts covering Charles Schwab (SCHW), eight recommend “strong buy,” five recommend “buy,” seven recommend “hold,” and one recommends “sell.” There were no “strong sell” recommendations.