Alert: Positive Investment/Fundamental Signals (12/1/23)-Charles Schwab Corp (NYSE: SCHW)


Charles Schwab Corp (NYSE: SCHW). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Meaningful positive changes in Charles Schwab Corp (NYSE: SCHW) fundamentals have recently occurred: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

SCHW is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Charles Schwab has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Charles Schwab has a poor Appreciation Score of 29 but a good Power Rating of 71, resulting in the Neutral Value Trend Rating.

Recent Price Action

Charles Schwab Corp (NYSE: SCHW) stock enjoyed a large increase of 3.0% on 12/1/23. The stock closed at $63.16. Moreover, this advance was accompanied by unusually high trading volume at 165% of normal. The stock has been strong relative to the market over the last nine months and has risen 12.9% during the last week.

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