Don't settle for ordinary quarterly reports.
I take a look at three companies that beat market expectations every week, since I believe that it's the biggest factor in a stock beating the market. Leaving Wall Street's pros with stunned expressions can be a good thing. It usually means that the companies have more in the tank than analysts figured. Capital appreciation typically follows.
Let's take a look at a few companies that humbled the prognosticators over the past few trading days.
We can start with YRC Worldwide
Baidu
Then again, landing ahead of the pros isn't much of a surprise from the Chinese speedster these days.
Quarter |
EPS est. |
Actual |
---|---|---|
Q1 2010 | $0.15 | $0.20 |
Q2 2010 | $0.31 | $0.35 |
Q3 2010 | $0.42 | $0.45 |
Q4 2010 | $0.46 | $0.50 |
Source: Yahoo! Finance.
Baidu was naturally helped when Google
Finally we have Level 3 Communications
It's important to keep watching the companies that surpass expectations. Over time, it will be a lucrative experience for investors as the market rewards the overachievers. That's the kind of surprise that 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.