Low Yield, High Valuation - Why I'm Still Bullish On Intuit

Bill Oxford/iStock Unreleased via Getty Images Introduction It's time to talk about one of the biggest compounders on the stock market. Intuit Inc. (NASDAQ:INTU) has returned 17.6% per year since August 2003, as proven by the chart below. FAST Graphs - INTU Stock Price Compounding wealth at 17.6% annually would have turned a $10 thousand investment into $256 thousand within 20 years! My most recent article on the stock was written on July 17, 2023, when I called the company a "Tech Investor's Dream." Since ...