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 break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success.
Why You Should Pay Attention to Agilent Technologies (A)
Palo Alto, CA-based Agilent Technologies, Inc. was originally a spin-off from Hewlett-Packard. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets.
A was added to the Zacks Focus List on July 11, 2017 at $59.86 per share. Since then, shares have increased 101.42% to $120.57.
For fiscal 2022, seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $4.90. A boasts an average earnings surprise of 4.9%.
Additionally, Agilent Technologies’ earnings are expected to grow 12.9% for the current fiscal year.
Since stock prices respond to earnings estimate revisions, it can be very profitable to buy stocks with an increased earnings outlook. By buying a Focus List stock like A, then, you’re likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Agilent Technologies, Inc. (A) : Free Stock Analysis Report
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