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Here's Why Schwab Stock Looks Like a Steal Right Now

TheMotleyFool

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Here's Why Schwab Stock Looks Like a Steal Right Now: https://g.foolcdn.com/editorial/images/725876/getty-lower-risk-diversification-safety.jpg

Investors are -- understandably -- fearful of many bank stocks right now, after the surprisingly fast collapse of SVB Financial (NASDAQ: SIVB) subsidiary Silicon Valley Bank and Signature Bank (NASDAQ: SBNY). In this video, Motley Fool Contributors Jason Hall and Jeff Santoro explain why Charles Schwab (NYSE: SCHW), while not risk-free, is probably much safer than people think, and with shares so discounted, worth buying.

*Stock prices used were from the afternoon of March 23, 2023. The video was published on March 25, 2023.

Source Fool.com

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