Unleashing Profits with Microsoft (MSFT): A Beginner’s Guide to Building a Winning Portfolio”.

Why Adding This Computer and Technology Stock to Your Portfolio Could be a Smart Move

Building a portfolio from scratch as a beginner investor can seem overwhelming, but the key to success is finding stocks that are expected to outperform the market in the next year. One stock that stands out for this is Microsoft (MSFT).

As a major player in the technology industry, Microsoft has dominated the PC software market with a market share of over 73% for desktop operating systems. Since being added to the Zacks Focus List on February 1, 2016 at $55.09 per share, MSFT’s stock price has increased by 667.58% to $422.86. Analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing to $11.63. On average, MSFT has exceeded earnings expectations by 8.8%.

With analysts predicting an 18.6% growth in earnings for the current fiscal year, investing in stocks like MSFT with positive earnings outlooks can be very profitable. By buying a Focus List stock like MSFT, investors are likely investing in a company whose future earnings estimates will be raised, potentially leading to more price momentum.

If you want more stock recommendations from Zacks Investment Research, you can download their free report “7 Best Stocks for the Next 30 Days” today by clicking here on Microsoft Corporation (MSFT).

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