Charles Schwab Corp
SCHW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|kf | LOCK|!@j | LOCK|RwVXXbs |
Schwab Earnings: Shares Cheap as Cash Management Concerns Weigh on Stock Despite Robust Results
Charles Schwab reported strong quarterly results, generating 16% sales growth, 38% growth in adjusted EPS, and attracting an outstanding $140 billion in net new client assets. Still, shares traded down by a mid-single-digit percentage during April 16 intraday trading on cash sorting fears.
