We came across a bullish thesis on The Charles Schwab Corporation on CosmicCapital’s Substack’s Substack by CosmicCapital. In this article, we will summarize the bulls’ thesis on SCHW. The Charles Schwab Corporation's share was trading at $94.00 as of October 6th. SCHW’s trailing and forward P/E were 24.92 and 17.27 respectively according to Yahoo Finance.
Charles Schwab Corporation (SCHW) is positioned to benefit from a normalization in cash balances following a period of elevated deposits, allowing the company to pay down higher-cost debt and improve net interest margins...
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