Every week, I take a look at a few companies that lapped their profit targets. Leaving Wall Street's pros with quizzical looks on their faces can be a good thing. It usually means that the companies have more in the tank than analysts had figured, and capital appreciation often follows.
Let's take a look at a few companies that humbled the prognosticators over the past few trading days.
We can start with The9
Rivals like Giant Interactive
Hewlett-Packard
Finally, we have Target
Target isn't perfect. Sales are down, but it's good to see the retailer produce back-to-back quarters of better-than-expected profitability.
So, keep watching the companies that lap expectations. Over time, it will become a rewarding experience for investors, as the market rewards the overachievers. That's the kind of surprise we look for in the Rule Breakers newsletter service. Want in? Check out a 30-day trial.
Either way, come back on Monday to learn about more stocks that blew the market away.