We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks.
Intuit Inc. (NASDAQ:INTU) is one of the stocks discussed by Jim Cramer
Intuit Inc. (NASDAQ:INTU) is a financial services software provider. Its shares are down by 57% over the past year and by 49% year-to-date. The firm has been in the news lately following its fiscal third quarter earnings, which were accompanied by the announcement of a 17% workforce reduction.
The results saw Intuit Inc. (NASDAQ:INTU) miss analyst revenue estimates but increase its 2026 revenue guidance. The shares had closed a painful 20% lower on May 21st, after Cramer had cited hope in the firm. Here’s what he said after Intuit Inc. (NASDAQ:INTU)’s shares fell: “I felt it was an overeaction.