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 great thing. It usually means that a company has 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 this past week.
We'll start with Garmin
Let's give Garmin a little credit. There was weakness in several well-marketed brands over the holidays. Sirius
Chipotle Mexican Grill
This week marked the fifth consecutive time that Chipotle floored past the market's profit targets. Investors were looking for a profit of $0.28 a share for the quarter. Instead, earnings more than doubled to hit $0.33 a share.
Then we have The Knot
So keep watching the companies that lap 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.
Longtime Fool contributor Rick Munarriz is a fan of toppers. He does not own shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.