5 Stocks to Buy Before Interest Rates Rise in March

3. The Charles Schwab Corporation (NYSE:SCHW)

Number of Hedge Fund Holders: 72

The Charles Schwab Corporation (NYSE:SCHW) in February received a bullish call from Deutsche Bank analyst Brian Bedell who thinks that the stock will gain because of the interest rate hike. The analyst said he prefers to see a 50 basis point hike for the stock, but 25bps will also be positive. The Charles Schwab Corporation (NYSE:SCHW) has been paying dividends consistently for the last 32 years.

At the end of the fourth quarter of 2021, 72 hedge funds had stakes in The Charles Schwab Corporation (NYSE:SCHW), as compared to 59 funds a quarter earlier. John Armitage’s Egerton Capital Limited has a $1.2 billion stake in the company.

Weitz Investment Management, an investment management firm, published its “Partners III Opportunity Fund” fourth quarter 2021 investor letter and mentioned The Charles Schwab Corporation (NYSE:SCHW). Here‘s what the fund said:

“Financial services firm Charles Schwab took bronze medals for the fourth quarter and calendar year. Brokerage account balances are higher, and investors are anticipating better profit margins for the bank’s lending business in the quarters ahead.”