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

Nordstrom, Inc. (NYSE:JWN)

$33.55

Multiline Retail

2 Stars

438 of 597

Occidental Petroleum Corp (NYSE:OXY)

$79.94

Oil, Gas and Consumable Fuels

4 Stars

1221 of 1260

salesforce.com, inc. (NYSE:CRM)

$60.66

Software

1 Stars

539 of 984

Source: Motley Fool CAPS, as of October 8, 2009

Top-rated oil, gas and consumable fuels companies:

  • CVR Energy (NYSE:CVI): Stock price is 199% higher than last year.
  • PALADIN RES NL (OTC BB: PALAF): Stock price is 149% higher than last year.

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