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 this past week.
We can start with Hewlett-Packard
The company has now blown past the market's profit targets in each of the past 13 quarters. Hewlett-Packard and Apple
However, Hastings has been doing well despite slowdowns in music sales and video rentals. The relative success found me recommending the stock in my "8 Hot Stocks Under $8" article this summer (read up on the other seven picks here).
Finally, we have Deere
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 Motley Fool Rule Breakers newsletter service. Want in? Check out a 30-day trial subscription for free.
Either way, come back next Monday to learn about more stocks that blew the market away.
Netflix is a Motley Fool Stock Advisor newsletter recommendation.
Longtime Fool contributor Rick Munarriz is a fan of toppers. He does not own shares in any of the companies in this story, save for Netflix. 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.