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 Agilent Technologies (A)

Santa Clara, 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.

On July 11, 2017, A was added to the Zacks Focus List at $59.86 per share. Shares have increased 131.69% to $138.69 since then.

One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0 to $5.50. A boasts an average earnings surprise of 3.5%.

Moreover, analysts are expecting Agilent Technologies' earnings to grow 1.1% for the current fiscal year.

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 A, 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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Agilent Technologies, Inc. (A) : Free Stock Analysis Report

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