Intuit Inc . (NASDAQ: INTU ) - This developer and marketer of small business accounting and management tax preparation and personal finance software has been in a bull market since March 2010. Since then, the stock has appreciated 66%.
On Thursday after the close, the company announced that FY third-quarter net income rose 19% as an increasing number of Americans went online to file income tax returns. In addition, Intuit raised its outlook for the year to $2.45-$2.50 per share from $2.41-$2.48.
Technically, INTU has been hugging its 50-day moving average as it "stair steps" higher. The trading target for INTU is $65 within 30 days.
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