Jim Cramer Is Intrigued By Charles Schwab (SCHW)

We recently published Jim Cramer Discussed A Mysterious Yellow Light & These 9 Stocks. The Charles Schwab Corporation (NYSE:SCHW) is one the stocks discussed by Jim Cramer.

Banking giant The Charles Schwab Corporation (NYSE:SCHW)’s shares have been muted lately. They are up by 2.5% over the past year and are down by 10.5% year-to-date. Several analysts have discussed the bank as of late. For instance, UBS raised the share price target to $385 from $380 and kept a Buy rating on the shares on April 30th. Earlier, on the 20th, Argus had reduced the price target to $108 from $117 and kept a Buy rating on the stock. It outlined that The Charles Schwab Corporation (NYSE:SCHW)’s latest earnings results were quite impressive as the bank grew its revenue by 16% and its client assets to $11.8 trillion. Over the medium term, it outlined that it expects the bank to post growth higher than its peers. Cramer also discussed The Charles Schwab Corporation (NYSE:SCHW)’s share price performance:

“Now I think that Schwab has come down so much, that’s a very intriguing stock. Because it’s down 10% for the year, it’s down 14 times earnings.”

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