Intuit Inc. (INTU) Is Using AI Platforms, Says Jim Cramer

Intuit Inc. (NASDAQ:INTU) is one of the Jim Cramer Says Oil Can Get Cheaper & Discusses These 12 Stocks .

Intuit Inc. (NASDAQ:INTU) is a software-as-a-service company that provides financial software that helps consumers and businesses manage their accounting, taxation, and other needs. As a result,  its shares are dependent on economic activity. Intuit Inc. (NASDAQ:INTU)’s shares have gained 21% year-to-date primarily due to a 14% jump in May. The stock soared after the firm’s annual revenue and earnings guidance and its fiscal third quarter revenue and earnings beat analyst estimates. The strong numbers led to multiple share price target hikes for Intuit Inc. (NASDAQ:INTU). In his comments, Cramer shared that the firm is using Agentic AI:

“But then you look at Intuit that I have on tonight. They’re actually using Agentic. Terrifically.”

In his earlier comments about Intuit Inc. (NASDAQ:INTU), the CNBC host praised the firm’s business model:

“Now, each day has its own Mosaic… And why don’t we just throw in another one that I really like, Intuit? The small business person’s digital accountant, or so I like to think about the TurboTax division. Three aces there.”

While we acknowledge the potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.