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 aluminum wheel maker Superior Industries (NYSE: SUP) soared nearly 18% in intraday trading Wednesday after its quarterly results easily topped Wall Street expectations.

So what: Helped largely by a rebounding auto industry, Superior posted a fourth-quarter profit of $22.3 million, or $0.82 per share, versus the average analyst estimate of just $0.32 per share. In fact, Superior's 54% surge in sales volume even outpaced the general industry's recovery in 2010, with production of passenger and light-duty vehicles in North America growing about 40%.

Now what: Don't let today's rally keep you from looking into Superior. After all, Chairman and CEO Steven Borick added that the company is "actively evaluating a number of options to increase production levels," so there seems to be more than enough industry momentum to keep pushing profits higher. And with a still-attractive dividend yield of nearly 3%, the bet just might be worth it.

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