
The Charles Schwab Co. (NYSE: SCHW) has evolved and grown from a tiny retail discount stockbroker on Wall Street in the financial services sector that gained prominence for its flat commission trades in the early 1990s to a retail financial services powerhouse with $10.28 trillion in assets in 2025. Despite the rough market backdrop plagued by recession risk and tariff fears, with the S&P 500 index trading down 5.2%, Schwab’s stock is trading up 5.1% year-to-date (YTD) as of March 28, 2025.
It's a beacon of resilience in a sinking market that's even outperforming the largest bank in the country, JPMorgan Chase & Co. (NYSE: JPM), trading up 1.3% YTD as of March 29, 2025. Here are some of the reasons why it's fading for a potential breakout.