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Fly News Breaks for May 19, 2017
ETFC, SCHW
May 19, 2017 | 05:44 EDT
Deutsche Bank analyst Brian Bedell views the midweek selloff in shares of Charles Schwab (SCHW) and E-Trade (ETFC) as a buying opportunity. The analyst does not see the political uncertainty significantly derailing the Fed tightening cycle. The stocks look attractive even under scenario of only three more Fed hikes through 2018, Bedell tells investors in a research note.
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