03-31-2014, 08:33 AM
(This post was last modified: 03-31-2014, 08:58 AM by earthtodan.)
I also have Intuit (INTU) on my tech watch list. I started looking into it because of TurboTax and liked what I saw. They have a short but growing dividend history, a decent balance sheet, easy coverage with a low payout ratio, fast growth, and software portfolio that is very sticky with customers and difficult to imitate. They also have a shareholder return policy, although it consists mostly of buybacks. Unfortunately I started watching it last year at $55, didn't buy, and since then it's run up to $80, so I'll wait for a big pullback before jumping in.
^ Proud new owner of 25 shares of QCOM! I bought at an all time high but I'm not gonna beat myself up about that.
^ Proud new owner of 25 shares of QCOM! I bought at an all time high but I'm not gonna beat myself up about that.