Jim Cramer on Charles Schwab: “I Think It’s a Steal Because the AI Threat Here Is a Borderline Non-Existent Threat”

The Charles Schwab Corporation (NYSE:SCHW) is one of the stocks that was on Jim Cramer’s radar recently. Cramer was bullish on the stock due to its valuation, as he said: Two weeks ago, for instance, an online insurance marketplace called Insurify released a new application that uses ChatGPT to compare insurance rates. Immediately, the insurance brokerage stocks tanked. The next day, a company called Altruist came out of nowhere with an AI-powered tax planning offering to help financial advisors create pe ...