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Intuit Gains 20% in a Year on Market Strength: Buy or Hold the Stock?
INTUIntuit(INTU) ZACKS·2024-09-19 16:31

Intuit (INTU) , the financial software giant behind popular products like TurboTax and QuickBooks, has seen its stock price surge 20.9% over the past year, underperforming the Zacks Computer and Technology sector's return of 35.1% and raising questions about its future trajectory. This impressive growth comes amid a period of economic uncertainty, suggesting that Intuit's business model and strategic positioning have resonated strongly with investors. Intuit has an estimated 90% market share in the consumer ...