Charles Schwab: Get Ready For Multiple Quarters Of Margin Expansion (Archive)
Margin tailwinds and cost savings set Schwab up for sustained earnings and valuation upside.
Financials
Berkshire Hathaway: Look At Consumers And Cash Flows (Archive)
Berkshire’s consumers face tailwinds, but weakening cash flows keep me neutral.
Ares Capital: Rising Rates Make Up For Activity Slowdown (Archive)
Rising rates turbocharge ARCC’s floating-rate portfolio despite a sluggish deal pipeline.
Charles Schwab: Get Ready For Multiple Quarters Of Margin Expansion (Archive)
Multiple levers position Schwab for sustained net interest margin and earnings expansion.
The Market Is Too Optimistic On Charles Schwab (Archive)
Wall Street keeps overestimating Schwab’s earnings power despite clear fundamental headwinds.
Charles Schwab: No Fat Pitch Here (Archive)
Long-term bullish, but I’m neutral as Schwab works through a time-correction.
Charles Schwab: Load Up The Buys (Archive)
Reiterating my stance: Charles Schwab is a buy after Q1 earnings.