4. As of noon trading, Intuit ( INTU) is down $0.69 (-1.1%) to $59.80 on heavy volume Thus far, 1.9 million shares of Intuit exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $59.45-$60.26 after having opened the day at $59.65 as compared to the previous trading day's close of $60.49.

Intuit Inc. provides business and financial management solutions for small businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, the United Kingdom, India, and Singapore. Intuit has a market cap of $17.9 billion and is part of the computer software & services industry. The company has a P/E ratio of 25.4, above the S&P 500 P/E ratio of 17.7. Shares are up 1.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Intuit as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Intuit Ratings Report now.

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