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.”
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.”
While we acknowledge the potential of SCHW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.