Kickstarting your investment journey can be both exciting and scary at the same time, and if you're new to investing, you may not know where to even begin. However, one thing is for certain -- stocks set to beat the market over the next 12 months serve as the perfect foundation for any kind of investor.

Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.

Why You Should Pay Attention to Walt Disney (DIS)

Burbank, CA-based Walt Disney Company has assets that span movies, television shows and theme parks. Revenues were $88.89 billion in fiscal 2023.

Since being added to the Zacks Focus List on March 23, 2020 at $85.98 per share, shares of DIS have increased 11.43% to $95.81.

Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.02 to $4.93. DIS boasts an average earnings surprise of 18%.

Earnings for Walt Disney are forecasted to see growth of 31.1% for the current fiscal year as well.

It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding a Focus List stock like DIS, there's a great chance you'll be getting into a company whose future earnings estimates will be raised, which can lead to price momentum.

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The Walt Disney Company (DIS) : Free Stock Analysis Report

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