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.

Why You Should Pay Attention to MPLX LP (MPLX)

Findlay, OH-based MPLX LP is a master limited partnership (MLP) engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership was created in 2012 to own, operate and develop midstream energy infrastructures and logistics assets, mostly for its parent company Marathon Petroleum Corporation. Notably, Marathon Petroleum holds around 64% of MPLX's outstanding common units.

MPLX was added to the Zacks Focus List on March 26, 2024 at $40.69 per share. Since then, shares have increased 31.19% to $53.38.

For fiscal 2025, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $4.41. MPLX boasts an average earnings surprise of 3.6%.

Earnings for MPLX LP are forecasted to see growth of 4.8% for the current fiscal year as well.

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

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