Charles Schwab Corp
SCHW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %M! | LOCK|vQ& | LOCK|R!&k@!@ |
Schwab Earnings: Diversified Platform Exhibits Strength Despite Macro Weakness; Shares Cheap
Charles Schwab's shares rallied 2%-3% in April 17 trading despite broader market weakness after the firm reported first-quarter results. The firm brought in $138 billion in net new assets (up 44% year over year) despite significant market volatility.
