Intuit Inc. (NASDAQ:INTU) is among the stocks in focus as Jim Cramer reviewed the S&P 500’s top performers and the Nasdaq 100’s biggest laggards for the first quarter. Cramer noted that he is hoping for the company’s comeback, as he commented:
Sixth worst, another one I want to kind of stick my neck out a little bit here, Intuit. It was down nearly 35% in the first quarter. I’m willing to stick my neck out. Why for Intuit? Because even if the AI platforms can develop similar software, they don’t have the brand that consumers and small business owners know and trust, nor do they have Intuit’s network of experts that can get you out of a jam. And by the way, the accountants like Intuit. Remember that. This stock got hit hardest in January and February, but then actually up 8% since CEO Sasan Goodarzi spoke to us on February 26. I’m hoping that’s the start of a larger comeback, and I think it deserves to. But I know it’s going to take time because people have written it off.
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Intuit Inc. (NASDAQ:INTU) provides financial management, tax preparation, marketing, and personal finance solutions.
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