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.
Headquartered in New York, NY, Virtu Financial is a market-leading financial services firm that leverages cutting-edge technology to provide execution services and data, analytics and connectivity products to its clients and deliver liquidity to the global markets. It provides a wide array of offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. The company was founded in 2008.
Since being added to the Zacks Focus List on July 31, 2023 at $18.90 per share, shares of VIRT have increased 102.86% to $38.34.
For fiscal 2025, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.49 to $3.61. VIRT boasts an average earnings surprise of 25.1%.
Earnings for Virtu Financial are forecasted to see growth of 1.7% for the current fiscal year as well.
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 VIRT, then, you're likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report
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