Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Tupperware (NYSE: TUP) were cooking today, climbing 15% after the company released outstanding earnings.

So what: Tupperware hit the trifecta today by announcing better sales, earnings, and expectations than analysts had predicted. The highlight was adjusted earnings per share of $1.38, easily surpassing estimates of $1.28.

Now what: Emerging markets were definitely the bright spot, with sales rising 14% compared with a decline of 3% in established markets. The combination of a low valuation and a solid dividend make this a perfect stock for the value investor. I think Tupperware will move higher after these results, and it's headed for big things in 2011.

Interested in more info on Tupperware? Add it to your watchlist.

Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

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