|Bid||42.40 x 20000|
|Ask||44.20 x 20000|
|Day's Range||42.20 - 42.20|
|52 Week Range||39.80 - 52.00|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||20.20|
|Forward Dividend & Yield||0.36 (0.86%)|
|1y Target Est||N/A|
The chip equipment firm closed off highs but still gapped up over a 234.60 buy point.STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib
The retail leader looks ready to test a long-term support level.STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib
The new issue isn't profitable yet, but shows big sales growth in recent quarters.STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib
Apple had moved above its buy point once again Thursday when the tariff news hit.STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib
Big winner from first half of year gets support at prior base to close with gains.STOCK MARKET TODAY is sponsored by Interactive Brokers. To open an account, go to ibkr.com/whyib
(Bloomberg Opinion) -- You have to hand it to Charles Schwab Corp. As the market leader in the online brokerage industry, the company seems to have realized the inevitable endgame of zero fees and consolidation and decided that it really ought to get on with it.Schwab, just seven weeks after rocking Wall Street by announcing plans to eliminate commissions for U.S. stocks, exchange-traded funds and options, is now set to buy rival TD Ameritrade Holding Corp. for $26 billion, according to reports Thursday. The combined company would have an impressive $5 trillion of assets and be better equipped to step forward into this new, no-fee world than competitors such as E*Trade Financial Corp. and Interactive Brokers Group Inc. The concept of a first-mover advantage usually applies to marketing, but it’s a relevant way to think about Schwab’s strategy, too. By staying ahead of the competition, Schwab is reshaping the discount brokerage space on its terms rather than waiting to react to any changes. Bloomberg News’s Annie Massa smartly broke down the various brokerage companies’ commissions as a percentage of net revenue in 2018, which makes it obvious why Schwab chose to take the plunge toward zero fees: It stands to reason that Schwab’s calculus went something like this:Yes, our stock price will take a big hit when we announce that we’re eliminating commissions (it did, dropping to the lowest since 2016 last month). But the short-term pain will be worth it because our rivals will have no choice but to follow suit (as they did within days). Because they depend on fees much more than we do, investors should sell our competitors’ shares to a greater extent (this happened, too). That will put us in a position to more cheaply execute the next phase of our plan, which is to grow. (It’s possible Schwab already had this deal in mind after TD Ameritrade announced in July that Chief Executive Officer Tim Hockey would leave by the end of February 2020.)Investors expressed approval of Schwab’s decision, lifting its shares as much as 13.9% on Thursday to the highest in more than a year. It’s not as if purchasing TD Ameritrade will solve all that ails the company and the online brokerage industry. But, like the consolidation in the mutual-fund space, it ensures survival. And in an era of rapid technological change on Wall Street, living to see another day and having the size and scope to keep pace with advancements is critically important. What’s next for Schwab? My Bloomberg Opinion colleague Nir Kaissar posited last month that the only option seems to be a more urgent push into financial advisory services. That will most likely be more of a grind for the company compared with the big splashes of the past two months. Schwab is competing with other market stalwarts like Fidelity Investments and Vanguard Group Inc., which are more difficult to push around than its discount broker rivals.Still, even if this is the last big move for now from Schwab, it has been a whirlwind couple of months. In two sweeping moves, the company has radically reshaped an industry and positioned itself to remain the market leader for the foreseeable future.To contact the author of this story: Brian Chappatta at firstname.lastname@example.orgTo contact the editor responsible for this story: Daniel Niemi at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Interactive Brokers missed expectations last quarter due to a number of factors, but its core competitive advantage remains intact.
In the high-margin business of options trading, online brokers compete heavily to provide the best options trading platform for their clients. In the seventh annual IBD Best Online Brokers survey, broker clients picked TD Ameritrade[ticker symb=AMTD], TradeStation and Interactive Brokers[ticker symb=IBKR] as the top brokers in the Options Trading Platform category. Brokers have good reason to vie vigorously to draw...
The three brokers rated the highest for low commissions and fees in IBD's latest online broker survey also offer savings in ETFs and price improvement.
Everyone loves an underdog story, and this year Interactive Brokers (IBKR) provides one in IBD's seventh annual Best Online Brokers awards. Interactive, known for catering to experienced stock traders, nudged past TradeStation and TD Ameritrade (AMTD) to claim its spot among the three best brokers overall with Charles Schwab (SCHW) and Fidelity. Earning the top score in four of 14 traits that broker clients deemed the most important, including Low Commissions & Fees, Interactive Brokers has reached the top three brokers overall for the first time since the survey started.
The best online brokerages make cybersecurity a shared responsibility. It starts with an online broker's own website security. But that's just half the battle. The other half is providing clients with tools that keep their stock trading accounts safe from hackers.
Best online brokers Fidelity Investments, Charles Schwab and Interactive Brokers also have the best stock trading apps for investors on the move.