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 had 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 The9
Rivals like Giant Interactive
Finally, we have Target
Target isn't perfect. Sales are down, but it's good to see the retailer produce back-to-back quarters of better-than-expected profitability.
So, keep watching the companies that lap expectations. Over time, it will become 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.
Either way, come back on Monday to learn about more stocks that blew the market away.