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 Sealy
Investors were surprised, especially after premium specialty mattress makers Select Comfort
Chattem
Finally, we have Pier 1
These obviously aren't ideal times for the industry, but companies like Pier 1, Williams-Sonoma
So keep watching the companies that lap expectations. Over time, it will be a worthwhile 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.