Charles Schwab (SCHW) is an American multinational financial services company with offerings in banking, brokerage, wealth management, and advisory services. I am bullish on the stock. (See Analysts' Top Stocks on TipRanks) Increasing Credit Exposure A potential catalyst for upside growth in Schwab's stock price could be its recent decision to expand its fixed-income trading division. The company has committed to launching five new separately managed strategies and three high-yield strategies. The decision will benefit the firm and its stock alike amid the looming contractionary economic policy in the United States, as higher interest rates and taxes could bolster the fixed income trading climate.
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