Karen Firestone, CEO, Aureus Asset ManagementCharles Schwab CorpSCHWBUYJun 07, 2023

The brokers stand up well, especially technically. All benefiting from better net interest margins. Doing well with fee revenues. Equity market is healthy; despite the typical seasonally weak period, breadth has been expanding. As long as long-term rates steepen, will benefit. Fits the world we're living in. 

He owns MS.

Schwab has been able to fight competition before and will respond. Schwab has been gaining market share including buying other companies. They use technology at their disposal.

Trades at 14.5x with tremendous growth. Shares are up a lot but not as much as financial services companies and big banks, surprisingly. You could enter it now at a decent valuation. 

It reports tomorrow. Is a strong performer and this should continue.

AI fears have hit this (and many stocks), but it now trades at 16x PE, the cheapest in years. It's a steal. The AI threat is non-existent.

It reports Wednesday. It will benefit from the $100-transition of wealth between generations.

Good company, well managed. Doing well, and that should continue. High beta stock, will return 25% more than the market does on the upside (yay), but 25% or more on the downside (boo). So it's a call on the market.

 It reports Friday. Beware: the short sellers dominate the trading at the open of trading. Be careful before buying.

Will grow if interest rates rise, which is happening. They grow as their assets grow from bringing in new business or grow existing assets. 

They report Tuesday. Their previous quarters were punished. Problems are behind them now, he thinks.

It's a loser. He got too enthusiastic about it, but the CEO told a good story, albeit uneven. He needs to see something positive before buying more shares. He blames himself for buying this.

It's been a tough stock to own in recent years, but they've absorbed Ameritrade and we're starting to see the benefit of that. They are and should cut back on their bank business. They can grow earnings around 5-10% annually in coming years.

Likes it a lot. Short-term issues are temporary. Buy a half-position now and half when a knucklehead analyst downgrades it.

Previously caught up in regional bank concerns, and now interest rates coming down not necessarily good (less $$ earned on the float kept for customers). Can't win. Great platform, makes a lot of money, so no worries about the company. Trading volume has probably slowed a bit. Well run. He's not interested.

Had a modest downgrade today, but that analyst still expects 49% earnings growth in 2025. This trades at 19x PE and 32% EPS growth. She's enjoyed nice upside since she bought it last year.