Intuit Q1 2023 Earnings Preview: A Great Company At A Not-So-Great Price

Nov. 24, 2022 8:00 AM ETIntuit Inc. (INTU)ADBE, CRM, PYPL, SAP, SNPS3 Comments

Summary

  • Intuit has done really well to grow over the past few years, with sales, profits, and cash flows roaring higher.
  • Long-term, the company is likely to fare well and that likely includes the short term like its upcoming first quarter earnings release for 2023.
  • But given how shares are priced, INTU is not the best prospect to consider at this point in time.
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When it comes to large players in the financial technology space, one of the most notable to pay attention to is Intuit (NASDAQ:INTU). This conglomerate, which owns a variety of leading software programs and platforms, has achieved rapid growth in

This article was written by

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Robust cash flow analyses of oil and gas companies

Daniel is currently the manager of Avaring Capital Advisors, LLC, a registered investment advisor that oversees one hedge fund, and he runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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