Buy Intuit Inc. (INTU): Strong Reversal Last Quarter
Overall, corporate growth fell as reported by second quarter 2020 financial statements submissions and extending a declining trend that began in the last quarter of 2018. The gross profit margin has dropped for the fourth consecutive quarter both on average and more frequently. This is a highly correlated factor that has been a reliable predictor of the direction of share prices. With shares now broadly extended and with the indexes at all-time highs its Sell Sell Sell.Q2 2020 hedge fund letters, conferences and moreCorporate sales growth fell to 6% for the annual period ended with the second ...