Why settle for ordinary quarterly reports?
I believe that a stock's biggest factor in beating the market is to first beat the market's expectations. That's why I devote this space every week to reviewing three companies that have humbled the prognosticators. Leaving Wall Street's pros with puzzled expressions usually means that these companies had more in the tank than expected, 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 Oracle
Investors shouldn't be surprised. Oracle doesn't miss. It has met or exceeded analyst estimates on a quarterly basis for several years. But now it wants to be the top dog in cloud computing? That may come as news to the companies it will have to pass, including salesforce.com
Finally, we have Steelcase
So keep watching the companies that surpass expectations, since the market rewards the overachievers. That's the kind of story we look for in the Rule Breakers newsletter service. Want in? Check out a 30-day trial subscription. And come back next Monday to learn about more stocks that blew the market away.
Longtime Fool contributor Rick Munarriz is a fan of toppers. He owns no shares in any of the companies in this story and 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.