Why settle for ordinary quarterly reports?
Each week, I take a look at three companies that beat market expectations, since I believe that's the biggest factor in a stock beating the market. Leaving Wall Street's pros with quizzical looks on their faces can be a good thing. It usually means that 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 Copart
Earlier in the week, used-car dealer CarMax
Finally, we have Nike
Shareholders have a right to be spoiled by Nike. The company has topped expectations in each of the past five quarters. The same can't be said for other fading footwear brands like Crocs
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.
Crocs is a Motley Fool Hidden Gems Pay Dirt recommendation. CarMax is a Motley Fool Inside Value selection. Copart is a Motley Fool Stock Advisor pick. The Fool owns shares of Copart. Try any of our Foolish newsletters today, free for 30 days.
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.