New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point

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 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 157.41% to $429.78.

One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.04 to $11.42. MSCI boasts an average earnings surprise of 5.1%.

Moreover, analysts are expecting MSCI's earnings to grow 14.8% 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 MSCI, then, you're likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.

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