The following video is from Monday's MarketFoolery podcast in which host Chris Hill and analysts Jason Moser and Bill Barker discuss the top business and investing stories of the day.
Shares of Intuit (NASDAQ: INTU ) fell 10% last week in the wake of its lowered guidance for the third quarter. Intuit makes TurboTax and other personal finance software. So what do the company's struggles mean for investors? Why is Intuit struggling during tax season when competitors like H&R Block (NYSE: HRB ) are succeeding? In this installment of MarketFoolery, our analysts discuss the future of Intuit.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
The relevant video segment can be found between 8:23 and 16:17.