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 yesterday. 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 |
Yesterday’s High |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Nabi Biopharmaceuticals |
$6.01 |
Biotechnology |
|
110 of 118 |
|
NetEase.com, Inc. (ADR) |
$26.81 |
Internet Information Providers |
|
888 of 911 |
|
Medifast, Inc. |
$8.17 |
Specialty Retail, Other |
|
108 of 132 |
Source: Motley Fool CAPS, as of Aug. 25, 2008.
Five-star biotechnology companies:
-
Gilead Sciences, Inc.
(NASDAQ:GILD) : Stock price is 46% higher than last year. -
ViroPharma, Inc.
(NASDAQ:VPHM) : Stock price is 45% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
