Jim Cramer Put These 16 Stocks Under the Microscope

6. Intuit Inc. (NASDAQ:INTU)

Intuit Inc. (NASDAQ:INTU) is one of the stocks Jim Cramer put under the microscope. Cramer explained why the stock was trading lower after hours, as he said:

Nearly two months into the year, the worst performing stock in the entire S&P 500 is Intuit, the software company behind TurboTax and QuickBooks, smaller businesses like Credit Karma, Mailchimp. This one’s down more than 40% year to date, even after bouncing nicely today along with that whole enterprise software cohort.

Now, I always felt like Intuit had more protection against AI disruption than the typical software play. And tonight, Intuit reported a tremendous set of numbers with revenue growth in the high teens and a monster earnings beat. But management didn’t raise their full-year forecast and their guidance for the current quarter. That is the most important quarter of the year because of tax season also came in a little light. I say this is standard practice. These guys never raise numbers going into tax season, but that’s why the stock’s trading lower after hours.

Intuit Inc. (NASDAQ:INTU) provides financial management, tax preparation, marketing, and personal finance solutions.