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 Quanta Services (PWR)

Quanta Services, Inc. is a leading national provider of specialty contracting services, and one of the largest contractors serving the transmission and distribution sector of the North American electric utility industry. Quanta has operations in the United States, Canada, Australia and other selected international markets.

PWR was added to the Zacks Focus List on December 23, 2021 at $111.52 per share. Since then, shares have increased 207.17% to $342.56.

For fiscal 2025, 10 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.12 to $10.35. PWR boasts an average earnings surprise of 4.8%.

Earnings for Quanta Services are forecasted to see growth of 15.4% 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 PWR, then, you're likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.

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Quanta Services, Inc. (PWR) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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