Jim Cramer Says Charles Schwab Is One of the "Three Biggest Beneficiaries of My Aging Generation"

The Charles Schwab Corporation (NYSE:SCHW) is one of the stocks on Jim Cramer’s game plan for this week. Cramer highlighted it as one of the stocks that is “hard to keep down,” as he remarked:

"Wednesday morning brings two stocks that are hard to keep down. Johnson & Johnson and Charles Schwab… How about Charles Schwab? Alright, this has become the repository of a big chunk of the gigantic pool of money that’s flowing in from baby boomers to the alphabet generations. It’s said to be something like a hundred trillion dollars. That’s a wall of money that I discussed in How to Make Money in Any Market. I think Morgan Stanley, through e-trade, a good quarter by the way yesterday, Robinhood, and Schwab are the three biggest beneficiaries of my aging generation."

The Charles Schwab Corporation (NYSE:SCHW) provides wealth management, brokerage, banking, and advisory services, providing trading platforms, investment products, and financial planning solutions. During Cramer’s game plan aired on October 10, 2025, he mentioned the stock and said:

"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."

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.