Building a portfolio from scratch can be a daunting task for novice investors. One strategy to simplify this process is to focus on stocks that are poised to outperform the market over the next 12 months. This approach has been shown to generate strong returns for investors.

Microsoft (MSFT) is one stock that stands out as a potential addition to your portfolio. As one of the world’s largest technology providers, Microsoft dominates the PC software market with a significant market share for desktop operating systems. Analysts were bullish on MSFT, and the stock was added to Zacks’ focus list in early 2016. Since then, the stock price has seen significant growth, and analysts have revised their earnings estimates upward for fiscal 2024, with earnings expected to grow 18.6% in the current fiscal year. This positive earnings outlook may fuel share price momentum.

By investing in a stock like MSFT, you could potentially benefit from future increases in earnings estimates, which would drive the price up. Following recommendations from research firms such as Zacks Investment Research can help you stay informed about market opportunities and make informed investment decisions.

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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