Analysts Rate Intuit (INTU) Buy as AI Threats Remain Limited

Intuit Inc. (NASDAQ:INTU) ranks among the best most active stocks to buy right now. On March 10, Rothschild & Co Redburn raised Intuit Inc. (NASDAQ:INTU) to Buy from Neutral, citing its core software products as among the most robust against the risks of artificial intelligence. According to Redburn, Intuit’s core apps, such as QuickBooks and TurboTax, benefit from rich data sets, strict regulatory restrictions, and significant network effects that competitors powered by AI would find difficult to simulate.

Over the next five years, the firm anticipates Intuit to expand revenue by about 13% per year and free cash flow by about 15% per year. Redburn’s statement comes as investors evaluate corporate software prices, concerned that new AI technologies may undermine existing applications.

Redburn analysts added that Intuit Inc. (NASDAQ:INTU) appears to be reasonably safe from short-term pricing pressures caused by AI, as its solutions rely on deep subject knowledge and long-standing customer connections.

Intuit Inc. (NASDAQ:INTU) provides financial management, payments & capital, compliance, and marketing products and services in the US. The company operates in four segments: Global Business Solutions, Consumer, Credit Karma, and ProTax.

While we acknowledge the risk and potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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