360 Round: Intuit (INTU) Earnings, Stock Sell-Off 'Unfair'

Matt Montefusco says that post-Intuit (INTU) earnings, “The stock moving down is kind of unfair.” He thinks the market should be focusing on its A.I. development and integration. Siti Panigrahi agrees, saying Intuit has “best-in-class” software and the sell-off is a buying opportunity. Matt highlights the Trump administration saying they’ll launch a free tax-filing app as a downside, but the administration being pro-business as an upside, since Intuit makes money by directing people towards credit cards or other financial products. Siti disagrees that the app is a risk.

Trading 360

22 Nov 2024

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