Why Agilent Technologies (A) is a Top Stock for the Long-Term
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.
Let's now take a look at one standout stock that could be a perfect fit for your portfolio.
Why You Should Pay Attention to Agilent Technologies (A)
Palo Alto, CA-based Agilent Technologies, Inc. was originally a spin-off from Hewlett-Packard. The company is an original equipment manufacturer (OEM) of a broad-based portfolio of test and measurement products serving multiple end markets.
On July 11, 2017, A was added to the Zacks Focus List at $59.86 per share. Shares have increased 109.89% to $125.64 since then.
Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $0.19 to $5.07. An also boasts an average earnings surprise of 5.1%.
Additionally, Agilent Technologies' earnings are expected to grow 16.8% for the current fiscal year.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like An 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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Agilent Technologies, Inc. (A) : Free Stock Analysis Report
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