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Barchart
Barchart
Larry Ramer

As Intuit Partners with Anthropic, Should You Buy, Sell, or Hold INTU Stock?

After Intuit (INTU) announced that it had launched an AI partnership with Anthropic, it was clear that the deal will be positive for INTU and that Wall Street is pleased with the agreement. However, given the Street's current skittishness towards software stocks, the significant threat that AI poses to Intuit over the long term, and the fact that INTU stock is still not especially cheap, the shares should be sold at this point.

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