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 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 Oracle
With 2008 bookings coming in ahead of last year's pace -- and cruisers not flinching at higher prices to offset the spike in fuel -- Carnival's report bodes well for rivals like Royal Caribbean
Finally, we have Adobe Systems
Adobe has actually beaten Wall Street's estimates in all but one quarter over the past six years. That's an impressive run for a company that has come to define the opportunities in Web-based publishing.
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 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.
Longtime Fool contributor Rick Munarriz is a fan of toppers. He does not own shares in any of the companies in this story. 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.
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