HomeSustainable TravelThe Charles Schwab Corporation (SCHW) Benefited From Interest Rate Hikes

    The Charles Schwab Corporation (SCHW) Benefited From Interest Rate Hikes

    Giverny Capital, an investment management company, recently published its fourth-quarter investor letter in 2022. A copy of the same can be downloaded here. The model portfolio of the firm appreciated 8.49%, net of fees in the fourth quarter compared to a 7.56% return for the Standard & Poor’s 500 Index. For 2022, the fund delivered a -22.65% return compared to a -18.11% return for the Index. Oil and energy was the strongest sector in the year increased by 65%. In addition, you can check the top 5 holdings of the fund to see its best picks for 2022.

    Giverny Capital highlighted stocks like The Charles Schwab Corporation (NYSE:SCHW) in its Q4 2022 investor letter. Headquartered in Westlake, Texas, The Charles Schwab Corporation (NYSE:SCHW) is a financial services company. On January 26, 2023, The Charles Schwab Corporation (NYSE:SCHW) stock closed at $78.05 per share. One-month…

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