3 Stocks Hitting High Notes

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When a stock hits a fresh high, it can mean that it’s 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.

Let’s dig deeper
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 (signified by four- and five-star ratings) could be a sign that further research is in order.

Here are three such stocks:

Company	Today’s High	Industry	CAPS Rating (out of 5)	Fools Saying Outperform
Harrah's Entertainment, Inc. (NYSE: HET)	$89.97	Resorts & Casinos		192 of 221
NCI, INC. (Nasdaq: NCIT)	$27.06	Information Technology Services		124 of 125
Qualcomm, Inc. (Nasdaq: QCOM)	$56.28	Communication Equipment		1163 of 1270

Source: Motley Fool CAPS, as of Aug. 14, 2008.

Five-star resorts & casinos companies:

• Wynn Resorts, Limited (Nasdaq: WYNN): Stock price is down some 6% year over year.
• Vail Resorts, Inc. (NYSE: MTN): Stock price is down 15% year over year.

Five-star information technology services companies:

• The Hackett Group, Inc. (Nasdaq: HCKT): Stock price is up 95% year over year.
• Stanley, Inc. (NYSE: SXE): Stock price is up 66% year over year.