3 Stocks Hitting High Notes

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 140,000-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 Intraday Price

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

Brasil Telecom S.A. (ADR) (NYSE: BTM  )

$27.34

Building Products

5 Stars

518 of 535

Wipro Limited (ADR) (NYSE: WIT  )

$18.53

IT Services

3 Stars

404 of 429

Ivanhoe Mines Ltd. (USA) (NYSE: IVN  )

$13.15

Metals and Mining

2 Stars

262 of 294

Source: Motley Fool CAPS, as of October 5, 2009

Top-rated building products companies:

  • Ameron International Corp (NYSE: AMN  ) : Stock price is 20% higher than last year.
  • Apogee Enterprises, Inc. (Nasdaq: APOG  ) : Stock price is 19% higher than last year.

Top-rated IT services companies:

  • Patni Computer Systems Limited (ADR) (NYSE: PTI  ) : Stock price is 149% higher than last year.
  • MoneyGram International, Inc. (NYSE: MGI  ) : Stock price is 117% higher than last year.

Join us on CAPS to learn more about these and countless other interesting stock ideas.

Disclosure is important to us here at The Motley Fool. The stocks mentioned in this article received their CAPS ratings from participants in The Motley Fool's CAPS service and have hit 52-week highs during today's trading.

No individual person selected the stocks in this article, so there is no author to disclose an interest in them. Since this article was automatically generated by identifying the stocks loved both by the CAPS community and by buyers in today’s market, it is possible that Motley Fool personnel (and even The Motley Fool itself, through our Million Dollar Portfolio, Motley Fool Pro, and Ready Made Millionaire services), have positions in these stocks. We thought you'd like to know that. You can learn more about The Motley Fool’s disclosure policy here.


Read/Post Comments (1) | Recommend This Article (3)

Comments from our Foolish Readers

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  • Report this Comment On October 06, 2009, at 4:32 AM, IanInLangley wrote:

    Just goes to show .. most people don't understand what they are investing in.

    Here is a clip from Canada's BNN (Business News Network)

    http://watch.bnn.ca/#clip220582

    Watch it.. look at the valuation the analyst has regarding coper prices alone.

    Also.. the second stock he mentioned is a diamond play in Canada that is pulling up huge drill results from near the surface (PGD on the TSX)

    Another similar diamond play that hasn't bolted yet but has results from the same area in testing as of friday is DDN (Tsx Venture Exchange)

    I own all three. PGD ran from pennies to over $4 recently and DDN may do the same.

    Ivanhoe should be an easy double as a long term play.. but there may be some pull backs along the way.

    Take Care!

    Ian

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