3 Stocks Hitting High Notes
By Dan Dzombak
July 7, 2008
Recommended (2)
When a stock hits a fresh high, it can signal one of two things: Either the stock is on its way to greatness, or it has run its course. Searching for these outperformers can reveal companies that are doing something right -- much to their investors' delight.
I'm a poet and didn’t know it
With that in mind, we'll use the aggregate intelligence of the 110,000-plus investors participating in Motley Fool CAPS to find stocks hitting 52-week highs today. The community's approval (reflected in its four- and five-star ratings) could be a sign that further research is in order.
Here are three such stocks:
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Today’s High
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Industry
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CAPS Rating (out of 5)
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Fools Saying Outperform
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Research
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Exelon (NYSE: EXC)
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$92.13
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Utilities
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*****
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539 of 563
|
Research
|
|
BP Prudhoe (NYSE: BPT)
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$108.40
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Energy
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*****
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542 of 567
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Research
|
|
Solera Holdings, Inc. (NYSE: SLH)
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$29.71
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Computer software and services
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***
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39 of 45
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Research
|
Source: Motley Fool CAPS, as of July 7, 2008.
Other five-star utilities
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Portland General Electric Company (NYSE: POR) -- down 20.2% in past year.
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Otter Tail Corp. (Nasdaq: OTTR) -- up 16.9% in past year.
Other five-star energy
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Energy Transfer Partners (NYSE: ETP) -- down 31.5% in past year.
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Frontier Oil Corp (NYSE: FTO) -- down 52.3% in past year.
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