Every week, I take a look at a few companies that lapped their profit targets. Leaving Wall Street's pros with quizzical expressions 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 over the past few trading days.
We can start with IBM
TD AMERITRADE
Perhaps the most impressive result of AMERITRADE's robust showing is that the discounter has now beaten Wall Street's consensus estimates in the past three quarters. The market may be rocky, but that isn't necessarily bad news to the brokerage industry, which feasts on volatility.
Finally, we have Parker Hannifin
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 free trial subscription.
Either way, come back next Monday to learn about more stocks that blew the market away.