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-0.00108712533002023 -0.00129419682145261 -0.000465910855722956 0.00150126831288498 0.00176010767717556 0.00191541129574988 5.17678728580572E-05 -0.00346844748149307
Stock impact report

Jim Cramer on Charles Schwab: “I Think It's a Steal Because the AI Threat Here Is a Borderline Non-Existent Threat” [Yahoo! Finance]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Yahoo! Finance
The Charles Schwab Corporation (NYSE: SCHW ) is one of the stocks that was on Jim Cramer's radar recently . Cramer was bullish on the stock due to its valuation, as he said: Two weeks ago, for instance, an online insurance marketplace called Insurify released a new application that uses ChatGPT to compare insurance rates. Immediately, the insurance brokerage stocks tanked. The next day, a company called Altruist came out of nowhere with an AI-powered tax planning offering to help financial advisors create personalized strategies for their clients. Immediately, anything connected to wealth management got hammered. Charles Schwab, Raymond James… even the mighty Morgan Stanley sold off a bit despite the fact that it's firing on all cylinders… Take Charles Schwab. This is mainly an online brokerage firm, yet it's sold off [of] the financial advisors. Now, it trades at less than 16 times earnings, the cheapest it's been in years. I think it's a steal because the AI threat here is a bord Show less Read more
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