Monsanto Company (MON) & Three Stocks That Blew the Market Away

Don’t settle for ordinary quarterly reports.

Every week, I take a look at three companies that beat market expectations, 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 pros over the past few trading days.

We can start with magicJack VocalTecThe provider of Web-based telephone service saw its shares post double-digit gains during an otherwise uninspiring trading week after delivering blowout quarterly results. magicJack’s revenue soared 56%, and its profit of $0.91 a share before one-time items was well ahead of $0.51 a share that analysts were forecasting.

Monsanto Company (MON)

Everyone knows that homeowners are getting rid of their landlines, but a story that isn’t necessarily being told is that they aren’t always just relying entirely on mobile. A lot of penny-pinching consumers are replacing their hardwired telephones with cheaper Internet phone services, and that’s where magicJack is taking off.

We also have Monsanto Company (NYSE:MON) with a healthier harvest. The controversial agribusiness giant saw its stock hit a fresh 52-week high after posting a quarterly profit of $2.73 a share, well ahead of both the $2.28 a share it posted a year earlier and the $2.58 a share that the market was banking on this time around.

The strong report and rosy near-term outlook led the analysts at Wells Fargo to boost their price target on Monsanto Company (NYSE:MON)’s stock.

Finally, we have WD-40 Company (NASDAQ:WDFC) lubricating the squeaky wheel of naysayers. The company behind the namesake lubricant and other popular cleaners and cleansers may have posted flattish net sales and earnings growth, but Wall Street was banking on significant decline on the bottom line.

WD-40 Company (NASDAQ:WDFC)’s profit of $0.66 a share landed well ahead of the $0.56 a share that the market was targeting.

The article 3 Stocks That Blew the Market Away originally appeared on Fool.com.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!