12 Best Blue Chip Stocks to Buy Under $100

Page 5 of 11

7. The Charles Schwab Corporation (NYSE:SCHW)

Number of Hedge Fund Holdings: 74

Stock Price as of January 24: $81.83

The Charles Schwab Corporation (NYSE:SCHW) is a provider of investment services, offering trading, wealth management, and advisory solutions. The company’s clients range from individual investors to institutions, with a focus on low-cost and innovative financial products. The Charles Schwab Corporation’s (NYSE:SCHW) strong brand reputation and consistent growth in client assets highlight its market leadership and make it a reliable investment in the financial services sector.

The Charles Schwab Corporation (NYSE:SCHW) is driving growth through organic expansion, strategic investments, and technological innovation. A key initiative is the development of new products and services tailored to the evolving needs of its clients. The company is making significant investments in its alternative investments platform, designed to provide high-net-worth and ultra-high-net-worth clients with access to alternative asset classes such as private equity, private credit, and hedge funds. This strategy aims to strengthen relationships with its most valuable clients and attract new business from investors seeking diversified portfolios.

Additionally, The Charles Schwab Corporation (NYSE:SCHW) is evaluating the potential to offer spot cryptocurrency trading, contingent on regulatory developments. This initiative would position the company to meet the growing demand for cryptocurrency investments, expanding its range of offerings for clients. The company is also enhancing its digital capabilities, including the introduction of advanced mobile apps and online platforms, to streamline investment management and improve access to its services.

Page 5 of 11