If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns.
Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.
Microsoft Corporation is one of the largest broad-based technology providers in the world. The company dominates the PC software market with more than 73% of the market share for desktop operating systems.
Since being added to the Zacks Focus List on February 1, 2016 at $55.09 per share, shares of MSFT have increased 690.13% to $435.28.
13 analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.20 to $13.27. MSFT also boasts an average earnings surprise of 5.2%.
Moreover, analysts are expecting Microsoft's earnings to grow 12.5% for the current fiscal year.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like MSFT offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Microsoft Corporation (MSFT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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