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.

Founded in 1869, The Goldman Sachs Group, Inc. is a leading global financial holding company providing IB, securities, investment management, and consumer banking services to a diversified client base. The company is headquartered in New York, with offices in major financial centers globally.

GS was added to the Zacks Focus List on July 11, 2018 at $226.85 per share. Since then, shares have increased 222.22% to $730.96.

Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $1.46 to $45.63. GS also boasts an average earnings surprise of 24.4%.

Additionally, Goldman Sachs' earnings are expected to grow 12.6% 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 GS, 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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The Goldman Sachs Group, Inc. (GS) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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