NEW YORK ( TheStreet) -- This past couple of weeks has been full of surprises, primarily on the earnings front, for a number of smaller names that I own or follow.As a value investor, I don't focus a great deal of attention on a single quarter's release. Unless there's a game-changing event that is contrary to the reasons that I took a position in the first place, it is unlikely that I'd close a position based on a disappointing number. By the same token, it is good to see incremental progress, especially in cases when I've taken a position in "fixer-uppers" or long-shots that are facing challenges and trying a turn-around.
Turnaround Stories From Smallville
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts