Cramer Also Bullish on SCH
Mr. Jim Cramer, are you stealing ideas from our site?After we upgraded SCH to a Strong Buy over the weekend, Cramer picked Merrill Lynch and Schwab as his online brokerage plays for the pending real estate bubble pop.
And pop it will.
As we said yesterday, SCH has nowhere to go but higher.
All the bad news has been factored ino the stock.
SCH just cut back on its inactivity fees.
And Dave Pottruck is out of the picture.
Did we mention that Friedman Billings Ramsey just upgraded Schwab, too?
Lean and mean -- that is what we expect from SCH as Chuck resumes the leadership role he erroneously gave to Pottruck in 1998.
Hey, if you don't take our picks seriously, listen to Cramer.
Just one day later, we're reiterating our Strong Buy on Schwab.
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