Barclays Remains Bullish on The Charles Schwab Corporation (SCHW)

The Charles Schwab Corporation (NYSE:SCHW) is one of the best large cap stocks to invest in for the long term. Barclays analyst Benjamin Budish reiterated a Buy rating on The Charles Schwab Corporation (NYSE:SCHW) on November 17, setting a $115 price target. The company reported its monthly activity highlights for October on November 17, reporting that the core net new assets brought to the company rose 80% compared to October 2024, reaching $44.4 billion and setting a record for the month of October.

Similarly, total client assets also rose 20% compared to the same month last year, equaling $11.83 trillion. New brokerage accounts opened during the month painted the same optimistic picture, rising 30% compared to October 2024 to 429,000.

Furthermore, management reported that investor engagement experienced an acceleration in October, with the average margin loan balances rising 7% compared to September 2025 and daily average trades reaching 8.6 million.

The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services. Its operations are divided into Advisor Services and Investor Services segments.

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.

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