Intuit Gains 22% in a Month: Here’s Why the Stock Is Still a Must Buy
From Nasdaq: 2025-06-05 12:56:00
Intuit (INTU) shares have surged 22.4% in the past month, outpacing the Computer – Software industry’s growth of 6.7%. The company’s steady revenue growth and strong demand for flagship products have led to positive stock momentum, surpassing competitors like CommVault Systems (CVLT).
Intuit’s strategic investment in artificial intelligence (AI) is driving growth across key segments like TurboTax and QuickBooks. The introduction of Intuit Assist, an AI-powered financial assistant, has improved user experiences and efficiency. The integration of AI has boosted revenues in Consumer, Global Business Solutions, and Credit Karma segments.
Intuit has raised its fiscal 2025 guidance, with expected non-GAAP earnings growth of 18% to 19%. The company’s strong performance, AI initiatives, and upbeat guidance make INTU an attractive investment. With a Zacks Rank #1 (Strong Buy), Intuit is positioned for continued success in the future.
Experts have identified 7 elite stocks, including Intuit, as the “Most Likely for Early Price Pops.” These hand-picked stocks have historically outperformed the market with an average gain of +23.5% per year since 1988. Investors seeking consistent returns should consider the strong fundamentals and future readiness of INTU.
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