$INTU Long into Intuit Earnings. $300 targetFantastic momentum stock for 2019 and a real winner in the tech sector. WE see $300 as a very probably price target given the recent action, the MACD has reversed from going bearish and the Histogram ticks higher, while the RSI uptrend continues but maybe lacking some strength.
COMPANY PROFILE
Intuit, Inc. is a financial management and compliance platform company, which engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed; Consumer; and Strategic Partner. The Small Business and Self-Employed segment offers QuickBooks financial and business management online services and desktop software, payroll solutions, payment processing solutions, and financing for small businesses. The Consumer segment includes do-it-yourself and assisted TurboTax income tax preparation products and services. The Strategic Partner segment comprises professional tax offerings, which include Lacerte, ProSeries, ProFile, and ProConnect Tax Online among professional accountants. The company was founded by Scott D. Cook and Thomas A. Proulx in March 1983 and is headquartered in Mountain View, CA.
