Why settle for ordinary quarterly reports?
Every 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 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 AeroVironment
The role that major defense contractors will play in President-elect Barack Obama's White House run remains to be seen, but high-tech companies that provide tactical superiority without harming the troops -- like AeroVironment and all-terrain bomb detecting automaton maker iRobot
Finally, we have Copart
It may not seem like much of a win, but it'll do in this car-weary market. More conventional outlet providers for new and used cars like AutoNation
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.