Kickstarting your investment journey can be both exciting and scary at the same time, and if you're new to investing, you may not know where to even begin. However, one thing is for certain -- stocks set to beat the market over the next 12 months serve as the perfect foundation for any kind of investor.

Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.

Why You Should Pay Attention to Virtu Financial (VIRT)

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.

VIRT was added to the Zacks Focus List on July 31, 2023 at $18.90 per share. Since then, shares have increased 92.06% to $36.30.

Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.20 to $3.14. VIRT boasts an average earnings surprise of 8%.

Additionally, Virtu Financial's earnings are expected to grow 70.7% 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 VIRT, 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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Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report

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