Jim Cramer on Intuit: “I’d Be a Buyer Right Here, Right Now”
Intuit Inc. (NASDAQ:INTU) is one of the software stocks that Jim Cramer named as potential undervalued buys. Cramer said that the stock’s sell-off “doesn’t make much sense,” as he remarked: What else? Okay, here’s one that I’m happy to buy. It’s Intuit, the company behind TurboTax and QuickBooks, with a stock that’s down more than 45% from its high, trading at just around 19 times this year’s earnings estimates. One of the great growth stocks of our era. I mean, this sell-off doesn’t make much sense. P ...