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.
Let’s now take a look at one standout stock that could be a perfect fit for your portfolio.
Alphabet is one of the most innovative companies in the modern technological age. Over the last few years, the company has evolved from primarily a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare and others. In the online search arena, Google has a monopoly with roughly 90% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats.
Since being added to the Zacks Focus List on May 19, 2025 at $166.19 per share, shares of GOOGL have increased 47.63% to $245.35.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.02 to $9.96. GOOGL also boasts an average earnings surprise of 16%.
Additionally, Alphabet’s earnings are expected to grow 23.9% 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 GOOGL, then, you’re likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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This article originally published on Zacks Investment Research (zacks.com).
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