A good earnings report will go a long way toward improving a company's standing with investors. Take Travelzoo (Nasdaq: TZOO), for instance. After announcing earnings last Thursday the stock soared 28 percent.

Some sanity has returned following the one-day run however, and Travelzoo shares are again trading in the mid $80s. But considering the 12-month analyst consensus price target is $97.80, the pullback puts shares in a reasonable trading range right now.