Intuit Begins Fiscal 2025 on a Strong Note: Time to Buy or Hold?

Intuit (INTU) had a strong start in fiscal 2025, delivering 10% revenue growth to reach $3.3 billion in the first quarter. The company's transformation into an AI-driven expert platform is yielding results, particularly visible in its Global Business Solutions Group. Its Online Ecosystem revenue growth of 20% marked a two-percentage-point acceleration from the previous quarter, coupled with Credit Karma's 29% revenue surge, thus demonstrating the successful execution of the company's digital initiatives.Cor ...