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 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 LoopNet
Does this mean that commercial real estate is the antidote to the residential malaise? Not exactly. Sure, commercial realty has held up better than the housing market, but even LoopNet is feeling the pinch, with higher cancellations from its premium memberships. It still feels good to beat the skeptics, though.
Activision
Finally, we have Greenfield Online
It seemed as if online poll-smiths like Greenfield and Harris Interactive
So, keep watching the companies that lap expectations. Over time, it will be an enriching 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 next Monday to learn about more stocks that blew the market away.