3 Stocks That Blew the Market Awayhttp://www.fool.com/investing/general/2011/10/03/3-stocks-that-blew-the-market-away.aspx Rick Aristotle Munarriz
October 3, 2011
Don't settle for ordinary quarterly reports.
I take a look at three companies that beat market expectations every week, since I believe that it's the biggest factor in a stock beating the market. Leaving Wall Street's pros with stunned expressions 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 Xyratex (Nasdaq: XRTX ) .
The data storage specialist earned $0.42 a share in its fiscal third quarter, blowing out the pros that were targeting a profit of merely $0.17 a share. Xyratex's guidance is cautious given the tenuous nature of the enterprise market, but at least it showed Mr. Market who's boss this time around.
Paychex (Nasdaq: PAYX