Stockreport
INTU Earnings: Buy this Big Tech Stock Before It Breaks Out to New Highs? [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Despite its outperformance, INTU is down -3% in the last three years while TECH has surged. Intuit dropped recently after it failed to break out to new all-time highs, including a big slip early this week sparked by reports that Elon Musk is looking into a free IRS mobile app. See the Zacks Earnings Calendar to stay ahead of market-making news. Intuit, the tech giant behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, reports its Q1 FY25 results after the closing bell on Thursday, November 21. Investors might want to consider buying Intuit for both near-term and long-term upside. Intuit stock has fallen out of favor over the last several years largely due to its valuation as interest rates climbed. INTU trades at 43.9X forward 12-month earnings compared to the Tech sector's 26.8X. Wall Street had been willing to pay a premium for Intuit stock for the last decade because of its impressive top and bottom-line growth in a stable industry that is never going out of sty
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