Buy this Big Tech Stock Now at a Discount and Hold Forever?
INTUIntuit(INTU) ZACKS·2024-09-05 20:00

Intuit stock has fallen out of favor with investors in 2024 amid fears surrounding AI and the IRS’ new free online tax prep system. INTU shares are flat in 2024, lagging the Zacks Tech sector’s 16% climb.Despite the recent underperformance, Intuit has more than doubled Tech over the past decade and it’s projected to post solid double-digit sales and earnings growth going forward. Intuit stock could be ready to break out to all-time highs after getting rejected at its 2021 peaks multiple times this year.Intu ...