When beginning your investment journey, it can be a mix of excitement and fear. For new investors, it may be overwhelming to know where to start. However, focusing on stocks that are expected to outperform the market in the next year can be a solid starting point for any investor.
One such stock that fits this criteria is Microsoft Corporation. As a leading global technology provider with a strong presence in the PC software market, Microsoft holds a significant market share for desktop operating systems. This makes it a stable and reliable investment option for those looking for long-term growth potential.
Since being added to the Zacks Focus List in 2016, Microsoft’s stock price has shown steady growth, increasing by over 670% to date. Analysts have also revised their earnings estimates upwards, indicating positive growth potential for the company in the coming years.
With an average earnings surprise of 8.8% and a forecasted growth rate of 18.4% for the current fiscal year, Microsoft presents a strong investment opportunity for investors looking to capitalize on rising earnings estimates and potential price momentum.
For those seeking guidance and recommendations on their investment portfolios, Zacks Investment Research offers valuable insights and analysis on the latest trends and market developments in the tech industry. By staying informed on these developments, investors can make well-informed decisions about which stocks to add to their portfolios and maximize their returns over time.
