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.
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.
CACI was added to the Zacks Focus List on December 2, 2015 at $103.31 per share. Since then, shares have increased 337.9% to $452.39.
Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.17 to $23.92. CACI also boasts an average earnings surprise of 7.4%.
Additionally, CACI International's earnings are expected to grow 13.6% 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 CACI, 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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CACI International, Inc. (CACI) : Free Stock Analysis Report
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