Hey, Cathie Wood Fans, Here's a Value Stock You Might Love

Cathie Wood's ARK Investment Management focuses on companies that are involved in "disruptive innovation." Generally speaking, these stocks have amazing potential and trade with multiples reflecting that. Finding stocks that fit in the category of disruptive innovation while trading at a reasonable multiple to earnings is much more difficult. One such stock that fits the bill is Charles Schwab (NYSE: SCHW), which is indeed an ARK holding.

Charles Schwab's history is one of disruptive innovation. Prior to the 1970s, stock brokerage commissions were highly regulated, and it wasn't unusual for an investor to pay hundreds of dollars in commissions and bid/ask spreads in order to trade a stock. On May 1, 1975 (known on Wall Street as May Day), brokerage commissions were de-regulated and commissions fell as banks began to compete for clients.

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Source Fool.com