Stocks hitting fresh highs can either signal that a stock is on its way to greatness, or that it has run its course. Even with the risk of the latter, 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 (signaled by four- and five-star ratings) could indicate that further research is in order.
Here are three such stocks:
|
Company |
Today's High |
Industry |
CAPS Rating |
Fools Saying Outperform |
|---|---|---|---|---|
|
Amgen |
$62.50 |
Drugs |
**** |
1641 of 1784 |
|
Wrigley |
$79.17 |
Food & Beverage |
**** |
584 of 612 |
|
Emergent BioSolutions |
$13.13 |
Drugs |
***** |
239 of 244 |
Source: Motley Fool CAPS, as of July 28, 2008.
Other five-star food & beverage companies:
-
PepsiCo
(NYSE:PEP) -- stock price is 1.6% cheaper than a year ago. -
Sadia
(NYSE:SDA) -- up 53.3% in the past year.
Other five-star drug companies:
-
Johnson & Johnson
(NYSE:JNJ) -- up 12.2% in the past year. -
ViroPharma
(NASDAQ:VPHM) -- stock price is 18.7% cheaper than a year ago.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
