DailyMarketMovements

Charles Schwab to extend to $80 in the coming months

Long
BATS:SCHW   Charles Schwab Corporation (The)
Charles Schwab is a leading bank/financial institution and underperformed in 2023. I am very excited moving into 2024, and I expect to see the stock recoup its losses dating back to the start of 2023 where it started the year at $84 a share.

Charles Schwab is a great hedge in the market going into 2024. It benefits from both rate cuts & hikes. So wether analysts have predicted correctly if we get 6 cuts n 2024... I don't really care as this name benefits from both.

Stay long and target $80 a share. I think it hits before May 2024.

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