We recently published a list of 15 Best Blue Chip Stocks to Buy According to Billionaires. In this article, we are going to take a look at where The Charles Schwab Corporation (NYSE:SCHW) stands against other best blue chip stocks to buy according to billionaires.

Is A Potential Trade War on the Horizon?

The US stock market is showing volatility after President Donald Trump’s recent announcement of sweeping 10% tariffs on all US trading partners and higher tariffs on countries with a trade deficit with the US.

Economists and investors believe President Trump’s tariff policies could potentially lead to a trade war with America’s trading partners, propelling inflation even higher. These two factors could plunge the US into an economic slowdown, and the markets could potentially sell off quickly if a recession materializes among its looming threats.

On April 10, CNBC reported that stock prices rose sharply a day before after declining for four days straight following President Trump’s announcement of a pause in a significant part of his tariff plan. The White House said that Democratic lawmakers were indulged in partisan games by inquiring if any stock market purchases conducted in recent days were undertaken with prior knowledge of the fact that President Trump would authorize a pause in his tariff plans. Trump announced higher tariffs on China even after he announced a 90-day pause for steeper-than-baseline rates for several other countries.

READ ALSO: 10 Best Medical Stocks to Buy According to Billionaires and 10 Best Organic Food Stocks to Buy According to Billionaires.

Record High Tariffs in the US

On April 11, Erica York, economist and the vice president of federal tax policy at the Tax Foundation’s Center for Federal Tax Policy, talked to CNBC’s “The Exchange” about the ongoing scenario and said that the imposition of around 145% total tariff on Chinese goods would result in a suspension of most trade between the US and China. She said:

“It depends on how narrowly the tariff is applied or how broadly it’s applied, but generally, if you get north of a triple-digit tariff, you are cutting off most trade.”

She further opined that:

“There may still be some things without any substitutes that companies just have to foot the bill, but for the most part, that cuts it off.”

The economist said that Trump’s new China tariffs, along with the others he implemented, would raise the average tariff rate to record highs the country hasn’t seen since the 1940s. The current market volatility has created numerous remarkable investment opportunities, so let’s look at the 15 best blue chip stocks to buy according to billionaires.

Our Methodology

We reviewed financial media reports and ETFs to compile an initial list of blue chip stocks and selected stocks that have a 5-year revenue growth rate of at least 10%. We have also considered the popularity of these stocks among billionaire investors. These billionaires are founders or managers of some of the world’s leading hedge funds and companies. We also added the number of hedge fund holders for each stock as of fiscal Q4 2024, and sourced the hedge fund sentiment data from Insider Monkey’s database.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A corporate finance professional studying a financial performance chart.

The Charles Schwab Corporation (NYSE:SCHW)

Number of Billionaire Investors: 19

Number of Hedge Fund Holders: 91

The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services. Its operations are divided into Advisor Services and Investor Services segments.

The company reported EPS of $1.01 in fiscal Q4 2024, surpassing analyst estimates of $0.91. Its total revenue also grew 20% to $5.329 billion, exceeding the expected $5.195 billion. These trends reflect strong financial management and client engagement. The Charles Schwab Corporation (NYSE:SCHW) is focusing on improving its cost management and operating efficiency, which are significant areas supporting its strong profit margins and competitive pricing.

On April 8, Jefferies analyst Daniel Fannon maintained a Buy rating on the company and set a price target of $89.00. According to billionaires, the company takes the 15th spot on our list of the best blue chip stocks to buy. Nightview Capital, an investment management company, also talked about The Charles Schwab Corporation (NYSE:SCHW) in its Q4 2024 investor letter. Here is what the fund said:

“Finance is transforming. Technology is democratizing access, reshaping wealth management, and enabling entirely new models of investing. From algorithmic trading to digital-first advisory platforms, the sector is evolving rapidly. Investors demand smarter, more sustainable options. The potential is significant, and we are focused on companies shaping how people save, invest, and transact in the years to come.

The Charles Schwab Corporation (NYSE:SCHW): Core Opportunity: Schwab is rebounding after a challenging period, supported by leadership stability, operational improvements, and client retention gains.

Key Highlights: Leadership Transition: Incoming CEO Rick Wurster continues the strategic vision of Schwab’s founder and most recent CEO…” (Click here to read the full text)

Overall, SCHW ranks 15th on our list of the best blue chip stocks to buy according to billionaires. While we acknowledge the potential for SCHW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SCHW but trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.