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How can a stock analyst miss something so obvious?
In this Investor’s Business Daily piece about Intuit, the “troubled economy’s” impact on small business purchasers is cited as the reason Intuit sales may be soft. However, nowhere in the article does it mention that one of the key provisions of the recently enacted “stimulus” plan specifically targets small businesses with incentives to purchase the type of boxed software that Intuit sales. (Note: I do not own shares in Intuit.)