10 Best Spring Stocks To Buy Now

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7. The Charles Schwab Corporation (NYSE:SCHW)

Number of Hedge Fund Holders: 74

The Charles Schwab Corporation (NYSE:SCHW) provides wealth management and other financial services. In the fourth quarter earnings, the company added $115 billion in core net new assets, bringing asset gathering for the year to $367 billion – a 4.3% annualized growth rate. This 20% annual increase in net new assets reflects the company’s ongoing progress following the Ameritrade integration. On January 22, Wells Fargo analyst Michael Brown upgraded the stock to Overweight from Equal Weight. In an investor note, the analyst forecast that the bear case was weakening as major key production indicators inflected to the positive. The analyst raised his price target on the stock to $93 from $89. His 2025 EPS estimate increased to $4.15 from $3.82, and his 2026 EPS estimate rose to $5.15 from $4.81.

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