Thesis is simple here, with the elimination of Bear Stearns, Merrill Lynch, and Lehman Bros, Schwab is becoming more attractive as a premium-service broker. Best of all, it can establish itself as a safe place to park capital. Schwab has been innovative too. Their systematic algorythm-style method for ranking/picking stocks is interesting, more interesting than the mostly horrible human picks at other firms. They should stop selling their trades to outside parties and raise commissions though-- the time is right.
$15.03 (11/21/08)
