Last Friday, I also added $INTU (+0,47%) to my Blue Chip Fibonacci Portfolio.
Intuit operates in the software and financial technology sector, providing business and tax solutions used by millions of customers worldwide. I particularly like companies that combine strong brands, recurring revenues, and high switching costs.
As always, this investment isn't based on trying to predict where the stock will be next week. It's about identifying a quality business that fits my strategy and giving the investment thesis time to play out.
Looking forward to seeing how this position performs over the months and years ahead.
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