Why settle for ordinary quarterly reports?
Every week, I take a look at three companies that beat market expectations, since I believe that's the biggest factor in any stock's ultimate success. Leaving Wall Street's pros with puzzled looks on their faces can be a good thing. It usually means that the companies have more in the tank than analysts figured. Capital appreciation typically follows.
Let's take a look at a few companies that humbled the prognosticators over the past few trading days.
We can start with Whole Foods Market
The organic supermarket chain naturally suffered during the recession. Before posting positive comps this past quarter, Whole Foods Market had generated five consecutive quarters of negative identical-store sales.
Another highflier was priceline.com
This kind of blowout isn't the norm among travel sites. Expedia
Finally, Intuit
It's important to keep watching the companies that surpass expectations. Over time, it will be 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 subscription.
Either way, come back next Monday to learn about more stocks that blew the market away.