10 Best Financial Stocks to Buy According to Billionaire Israel Englander

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4. The Charles Schwab Corporation (NYSE:SCHW)

Share Price Performance (Sep 30 – Jan 20): 5.78%

Millennium Management’s Q3 Stake Value: $411.04 million

Number of Hedge Fund Holders: 99

The Charles Schwab Corporation (NYSE:SCHW) ranks among the best financial stocks to buy according to billionaire Israel Englander. On January 12, Citizens boosted its price target for The Charles Schwab Corporation (NYSE:SCHW) to $120 from $110, maintaining a Market Outperform rating on the company’s shares. Citizens stated that its expectations for The Charles Schwab Corporation (NYSE:SCHW) are persistently above the consensus into 2026, with the firm’s forecasts coming in around 6% higher.

Moreover, Raymond James raised its price target for The Charles Schwab Corporation (NYSE:SCHW) to $114 from $110 on January 5, retaining a Strong Buy rating. The firm highlighted Schwab’s improving financial picture, noting that the company has largely paid off its high-cost capital and expects to invest in maturing securities at greater returns.

Raymond James highlighted that Schwab’s retail trading activity continues to be healthy, as does its margin loan utilization. The firm was also encouraged by strong trends in net new assets and account growth. According to the firm, Charles Schwab’s earnings per share are also expected to increase significantly by 2026, while the company’s current valuation has room for growth.

The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services.

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