INTUIT INC (NASDAQ:INTU): A Strong Growth Stock Showing a Bullish Technical Setup

Investors looking for companies with solid growth paths often use a two-part method that mixes fundamental and technical review. This process finds stocks displaying sound financial condition and earnings while also indicating encouraging technical breakout formations. The plan focuses on companies set for ongoing growth that are also at possible turning points in their price graphs, hinting at likely upward movement. This full method assists investors in locating chances where solid company basics match with good market timing.

INTUIT INC (NASDAQ:INTU), the supplier of financial management tools such as TurboTax, QuickBooks, and Credit Karma, offers an interesting example for this investment method. The company's varied product range helping both individuals and companies places it solidly in the financial technology field, while its present technical arrangement indicates a chance for price gains.

Fundamental Strength Evaluation

The fundamental review shows why Intuit meets the criteria as a solid growth option. The company gets a total fundamental score of 7 out of 10, with especially good performances in important growth and earnings measures. These fundamental positives supply the basic business caliber that growth investors look for, as lasting growth needs sound financial standing and effective activities.

Growth Measures:

• Earnings Per Share increase of 19.15% over the last year
• Sales growth of 15.63% in the latest year
• Five-year average EPS increase of 20.77% each year
• Expected future EPS increase of 15.16% from analyst forecasts

Earnings Measures:

• Return on Invested Capital of 15.18%, doing better than 91.55% of software industry companies
• Operating margin of 26.22%, higher than 90.14% of rivals
• Steady earnings over the last five years with positive cash flow every year

The company's financial condition score of 7 out of 10 further backs the growth story, showing enough steadiness to maintain growth without cash or debt worries. This pairing of solid growth speeds and high earnings forms the fundamental base that growth investors focus on when finding companies with lasting potential.

Technical Arrangement Review

From a technical view, Intuit shows an engaging formation even with its middle-of-the-road total technical score. The arrangement score of 7 out of 10 shows the stock is making a consolidation shape that might come before a notable move. This technical formation is especially important for growth investors as it could show gathering interest at present price points.

The stock is now being traded between marked support and resistance areas, with clear support running from $641.78 to $663.00 made by several trend lines and moving averages. This consolidation inside a set span after earlier drops hints the stock might be gathering force for its next directional shift. The nearness to support levels gives a possible risk control reference point for traders expecting upward movement.

Trading volume behaviors show enough liquidity with a typical volume of almost 2 million shares traded each day, allowing for efficient price finding. While the stock has done worse than the wider market lately, this comparative softness could offer a chance if the fundamental growth story stays firm and technical shapes turn positive.

Strategic Fit

The pairing of Intuit's fundamental positives and technical placement makes a strong case for growth-focused investors. The company's steady sales and earnings growth, along with top-level industry earnings measures, supply the business quality that supports long-term gains. At the same time, the technical consolidation shape offers a possible starting point matched with the stock's basic value offer.

Growth investing achievement often relies on finding companies with lasting competitive benefits and growth potential, which Intuit shows through its leading place in tax preparation and small business accounting software. The technical arrangement supports this fundamental story by hinting the stock might be coming out of a time of price consolidation, possibly offering good risk-return features for position start.

For investors curious about finding matching chances that pair solid growth basics with encouraging technical shapes, more screening outcomes can be seen through this Strong Growth Stocks with Good Technical Setup Ratings screen.

Disclaimer: This review is for information only and does not make up investment guidance, suggestion, or backing of any security. Investors should do their own study and talk with financial consultants before making investment choices. Past results do not ensure future outcomes.