Every week, I 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 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 Gmarket
Investors knew it would be a good quarter for the fast-growing company, which had faulted third-quarter weakness on atypically warm weather crimping apparel sales three months ago. A cooler climate would mean hot profits in the fourth quarter.
It's hard not to get excited about Ctrip. Beijing just opened the world's largest airport terminal, as the city prepares to host the Olympic Games in a few months. Travel portals such as Ctrip and eLong
Finally, we have Bidz.com
Bidz doesn't dabble in the high-end stuff, as Blue Nile
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.
Ctrip is a Motley Fool Hidden Gems stock pick. eBay is a recommendation of the Stock Advisor newsletter. Gmarket and Blue Nile have been given the nod in Rule Breakers. A free trial subscription is waiting with your name on it if you want to learn more.
Longtime Fool contributor Rick Munarriz is a fan of toppers. He does not own shares in any 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 topping disclosure policy.