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Cramer Talks Intuit Ahead Of Its Q3 Print

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Courtesy of Benzinga.

Cramer Talks Intuit Ahead Of Its Q3 Print

Jim Cramer is bullish on Intuit Inc. (NASDAQ: INTU) ahead of the company’s third quarter results, scheduled for Tuesday.

Speaking during his daily “Stop Trading” segment, Cramer pointed out that analysts at Goldman Sachs came out with a report on Monday covering the human resources and financial software space. The analysts named Intuit as their top pick in the segment and the timing of such is not a coincidence.

Cramer suggested the analysts at Goldman Sachs won’t “stick their necks out” in a report on Monday and recommended Intuit if they were “concerned about the quarter.”

Cramer added that he recently hosted Intuit’s management during his “Mad Money” show back in March and he “wasn’t concerned” about the quarter as well. In fact, he suggested that the company is “on fire.”

“I think it’s important when we see these upgrades, launches, or buys the day before [earnings]… they tend to not be embarrassed when the companies report,” Cramer concluded.

Latest Ratings for INTU

Date Firm Action From To
May 2016 Goldman Sachs Initiates Coverage on Buy
Apr 2016 Credit Suisse Initiates Coverage on Neutral
Apr 2016 Brean Capital Initiates Coverage on Buy

View More Analyst Ratings for INTU


View the Latest Analyst Ratings

Posted-In: Goldman Sachs Human Resources And Financial Software intuitAnalyst Color CNBC Jim Cramer Analyst Ratings Media

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