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 this past week.
We'll begin with Ruby Tuesday
Despite a sharp drop in comps at the unit level, and stingy food costs, Ruby Tuesday's performance is commendable. Competitors like Cheesecake Factory
Finally, we have Rockwell Collins
Having a defense angle has helped companies offset weaknesses elsewhere. A company like iRobot
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.