Why This 1 Computer and Technology Stock Could Be a Great Addition to Your Portfolio
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.
Why You Should Pay Attention to MSCI (MSCI)
MSCI Inc. provides investment decision support tools, including indexes; portfolio construction and risk management products and services; Environmental, Social and Governance (ESG) research and ratings; and real estate research, reporting and benchmarking offerings.
Since being added to the Zacks Focus List on October 10, 2018 at $166.96 per share, shares of MSCI have increased 262.72% to $605.59.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.04 to $14.82. MSCI boasts an average earnings surprise of 5%.
Additionally, MSCI's earnings are expected to grow 9.6% 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 MSCI 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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MSCI Inc (MSCI) : Free Stock Analysis Report