Microsoft: A Dominant Stock with Unmatched Market Growth Potential for Beginner Investors

Why Adding This Computer and Technology Stock to Your Portfolio Could be a Smart Move

As a beginner investor, the task of building a portfolio from scratch can be daunting. However, a good strategy to start with is to look for stocks that are expected to outperform the market in the next year. One stock that stands out in this regard is Microsoft (MSFT).

Microsoft is a major player in the technology industry, dominating the PC software market with a market share of over 73% for desktop operating systems. Since being added to the Zacks Focus List on February 1, 2016 at $55.09 per share, MSFT’s stock price has increased by 667.58% to $422.86. Analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing to $11.63. On average, MSFT has exceeded earnings expectations by 8.8%.

If you want to receive more stock recommendations from Zacks Investment Research, you can download their free report “7 Best Stocks for the Next 30 Days” today. Click here to get the report on Microsoft Corporation (MSFT).

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