New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point
Building an investment portfolio from scratch can be difficult, especially if you’re new to investing. It’s easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start. Let’s now take a look…
Building an investment portfolio from scratch can be difficult, especially if you’re new to investing. It’s easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.
Let’s now take a look at one standout stock that could be a perfect fit for your portfolio.
Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.
On December 2, 2015, CACI was added to the Zacks Focus List at $103.31 per share. Shares have increased 379.03% to $494.89 since then.
For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.17 to $27.09. CACI boasts an average earnings surprise of 18.2%.
Additionally, CACI International’s earnings are expected to grow 2.3% 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 CACI, then, you’re likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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CACI International, Inc. (CACI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).