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

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.

Since being added to the Zacks Focus List on July 11, 2018 at $226.85 per share, shares of GS have increased 217.03% to $719.18.

For fiscal 2025, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.22 to $45.63. GS 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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