Charles Schwab (NYSE:SCHW) added strength Monday morning. Raymond James said in a note on Monday that Schwab’s core banking business remains strong, which could help the stock gain as much as 30%. On Friday, the company said total client assets increased 1% from March to April to $7.63 billion.
Charles Schwab recently announced several new enhancements to the trading experience on Schwab.com and the Schwab Mobile app designed to help the firm’s clients make more informed trades, as well as build and place orders more quickly and efficiently.
Key updates include SnapTicket, a new order ticket that allows clients to enter orders directly from the Schwab.com pages they visit most frequently as part of their trading workflow. Clients can access SnapTicket with a single click on the right side of several commonly visited Schwab.com pages, including Order Status, Positions, Balances, Transaction History, Research, and the Account Summary page.
Schwab has also added streaming market data on trade tickets and watchlists via web and mobile, keeping clients informed of the latest market moves in real-time.
Additional enhancements include: A new All-in-One Trade Ticket , which includes several new features including the ability to enter up to eight stock or ETF orders at once, a quick view of recently searched symbols, and the addition of extended hours to order timing choices; Completely redesigned Watchlists featuring a simplified interface that makes it easier to build, edit, and delete watchlists. Clients can now create and save up to 50 watchlists with up to 300 symbols per watchlist.
SCHW shares picked up $1.67, or 3.4%, to $50.61.
