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Jim Cramer on Intuit (INTU): 'Three Aces There'

Jim Cramer on Intuit (INTU): 'Three Aces There'

Yahoo2 days ago

We recently published a list of . In this article, we are going to take a look at where Intuit Inc. (NASDAQ:INTU) stands against other stocks that Jim Cramer discusses.
While discussing Intuit Inc. (NASDAQ:INTU), Cramer said that it is a stock that he really likes.
'Now, each day has its own Mosaic… And why don't we just throw in another one that I really like, Intuit? The small business person's digital accountant, or so I like to think about the TurboTax division. Three aces there.'
Intuit (NASDAQ:INTU) develops financial, tax, and marketing solutions for individuals and businesses as it provides software and services for accounting, payroll, tax preparation, credit management, and customer engagement across a range of platforms and channels. In February, Cramer talked about Intuit (NASDAQ:INTU) during an episode of Squawk on the Street. He said:
'Carl there was a thought that maybe Intuit was not gonna make the quarter. Uh, its [inaudible] about global business solutions. Consumers only have three percent. But, uh, Credit Karma was magnificent, uh, 16% dividend boost. Morgan Stanley goes hold to buy, fantastic, just fantastic situation. I like those guys very much. I think people really misjudge, there are small businesses still very strong in this country.
A professional tax preparer, using a laptop to complete an income tax return.
… [On whether tax filing plays a large role] They've managed to be able to kind of avoid that by making it really much more small businesses. Uh, and, wow I mean having used it as a restaurant owner it's a really extraordinary, it's a powerful product. Makes it easygoing.'
Overall, INTU ranks 17th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.

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