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Ultimate Stocks: high quality companies continue to deliver
Results and updates this week from our Ultimate Stocks included two accounting software groups and a thermal energy management and niche pumping specialist – variety is the spice of life!
Full year results from accounting software group Sage (LON:SGE) disappointed the market but there were plenty of positives as its subscription model develops. As our update here reveals, this is a high quality business generating attractive returns which looks compelling value at current levels.
Intuit: impressive numbers and plenty of karma
Rival accounting software group Intuit Inc. (US: INTU), the maker of TurboTax, QuickBooks and Mint, announced terrific results for its first quarter to 31 October.
Total…
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