3 Stocks Hitting High Notes

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:

 

Today’s High

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

Research

Exelon (NYSE: EXC)

$92.13

Utilities

*****

539 of 563

Research

BP Prudhoe (NYSE: BPT)

$108.40

Energy

*****

542 of 567

Research

Solera Holdings, Inc. (NYSE: SLH)

$29.71

Computer software and services

***

39 of 45

Research

Source: Motley Fool CAPS, as of July 7, 2008.

Other five-star utilities

  • Portland General Electric Company (NYSE: POR) -- down 20.2% in past year.
  • Otter Tail Corp. (Nasdaq: OTTR) -- up 16.9% in past year.

Other five-star energy

  • Energy Transfer Partners (NYSE: ETP) -- down 31.5% in past year.
  • Frontier Oil Corp (NYSE: FTO) -- down 52.3% in past year.

Come and join us on CAPS to learn more about these and countless other interesting stock ideas. Click here to sign up.

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Fool analyst Dan Dzombak does not have a financial position in any of the stocks mentioned in this article. Otter Tail Corp. is a recommendation of Motley Fool Hidden Gems. The Motley Fool has a disclosure policy.

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BP Prudhoe Bay Royalty Trust

BPT Down! $70.45 -7.94 (-10.13%) 3:59 PM
CAPS Rating:
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27 Underperforms
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