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 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 Lennar
It actually was an even better report than that, since, as fellow Fool David Lee Smith points out, Lennar suffered only an $0.18-per-share loss before unusual charges. That's pretty amazing, especially when fellow residential developer KB Home
Red Hat
Even though recent forays by Microsoft
Finally, we have food giant ConAgra
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.