Following the downfall of the SVB, the banking sector worldwide is on the downturn. With most of the bank trading around 5-10 percent down, we can not miss the hugely oversold SCHWAB company. The has been doing quite well for the last two years. and has received a lot of rewards such as : 2022 Most Admired Companies Recognition
Awarded by FORTUNE; 2022 Best Online Brokers Recognition Awarded by Investor's Business Daily. ; 2022 The Best Employers for New Grads Awarded by Forbes magazine.; 2022 America’s Best Large Employers Recognition Awarded by Forbes magazine. and many more. The P/E stands at 16.75 with most of the companies in the sector having P/E around 15. my point of view is that the company is too oversold even though, the sector is amid turbulence. For the long-term investor, this might be an opportunity to acquire shares on a relatively low price, with the price being near a support zone pre-market.Please note that this is my personal idea and it is NOT a FINANCIAL ADVICE. Trade with caution.
Awarded by FORTUNE; 2022 Best Online Brokers Recognition Awarded by Investor's Business Daily. ; 2022 The Best Employers for New Grads Awarded by Forbes magazine.; 2022 America’s Best Large Employers Recognition Awarded by Forbes magazine. and many more. The P/E stands at 16.75 with most of the companies in the sector having P/E around 15. my point of view is that the company is too oversold even though, the sector is amid turbulence. For the long-term investor, this might be an opportunity to acquire shares on a relatively low price, with the price being near a support zone pre-market.Please note that this is my personal idea and it is NOT a FINANCIAL ADVICE. Trade with caution.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.