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 break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success.

Idaho-based Micron Technology has established itself as one of the leading worldwide providers of semiconductor memory solutions.

On December 27, 2016, MU was added to the Zacks Focus List at $23.26 per share. Shares have increased 405.93% to $117.68 since then.

Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $1.11 to $8.04. MU also boasts an average earnings surprise of 9.7%.

Earnings for Micron's are forecasted to see growth of 518.5% for the current fiscal year as well.

Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like MU offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.

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Micron Technology, Inc. (MU) : Free Stock Analysis Report

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

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