Jim Cramer Discusses Relationship Between Charles Schwab’s Earnings and Retail Investor Trends

The Charles Schwab Corporation (NYSE:SCHW) is one of the stocks in Jim Cramer’s game plan for this week. While discussing the stock, Cramer noted that more people are “coming back to stocks,” as he commented:

“Schwab gives us its numbers, too. And why do I want to look at this? Well, I like to look at retail participation in the market. I think more and more people are coming back to stocks, one of the reasons why I wrote my book, and I hope today’s meltdown doesn’t drive those people right back out. They won’t if they read it.”

Charles Schwab, bank, finance

Photo by Brendan Church on Unsplash

The Charles Schwab Corporation (NYSE:SCHW) provides wealth management, brokerage, banking, and advisory services, providing trading platforms, investment products, and financial planning solutions. While discussing relatively cheap S&P 500 stocks during the September 22 episode, Cramer mentioned the stock and said:

“Beyond the banks and the credit card issuers, Charles Schwab made the cut, and I’m a big fan of this retail brokerage house.”

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Disclosure: None. This article is originally published at Insider Monkey.