3 Stocks Hitting High Notes

By Motley Fool Staff
October 16, 2009 | Comments (2)

Recs

2

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

Harley-Davidson, Inc. (NYSE: HOG)

$28.09

Automobiles

2 Stars

1466 of 1858

Tongjitang Chinese Medicines Co. (ADR) (NYSE: TCM)

$5.10

Pharmaceuticals

5 Stars

305 of 319

Philip Morris International (NYSE: PM)

$50.98

Tobacco

5 Stars

1972 of 2005

Source: Motley Fool CAPS, as of October 16, 2009

Top-rated automobiles companies:

  • Honda Motor Co., Ltd. (ADR) (NYSE: HMC): Stock price is 42% higher than last year.

Top-rated pharmaceuticals companies:

  • Par Pharmaceutical Companies, Inc. (NYSE: PRX): Stock price is 131% higher than last year.
  • Dr. Reddy's Laboratories Limited (ADR) (NYSE: RDY): Stock price is 121% higher than last year.

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

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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.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On October 16, 2009, at 3:09 PM, FlyingKnignt wrote:

    Harley is toast. Buell was their future product for Gen Y. Now they just sell too heavy and cumbersome bikes for baby boomers. Wall Street is too focused on short term profits and is ignoring the warning signs of another GM. We HD closed Buell they eat their young.

  • Report this Comment On October 16, 2009, at 3:53 PM, Turfscape wrote:

    FlyingKnignt...I actually had a lot of respect for what Buell was doing (or trying to do), but do you have any research information to back up your assertion?

    Here's a surprising fact for you: Buell street bike riders average age is typically over 38 years old. Their adventure bike riders (Ulysses models) are typically over 45 years of age. GEN Y? Are you kidding me? Only since last year did Buell start producing a bike that actually targeted 35 and under (the liquid-cooled 1125R). One problem, though...it was priced at $13,000 (in other words: twice as much as the competition) and they couldn't sell any!

    One more fact: Buell wasn't profitable. Who cares if you attract "Gen Y" to a motorcycle if you lose money doing it? Additionally, sportbike riders don't "graduate" to heavy cruisers. You either love riding sportbikes or you don't.

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Related Tickers

11/20/2009 4:02 PM
HMC $30.57 Up +0.11 +0.36%
Honda Motor Co., L… CAPS Rating: *****
HOG $27.84 Up +0.07 +0.25%
Harley-Davidson, I… CAPS Rating: **
PM $49.73 Down -0.41 -0.82%
Philip Morris Inte… CAPS Rating: *****
PRX $23.45 Down +0.00 +0.00%
Par Pharmaceutical… CAPS Rating: ***
RDY $24.02 Up +0.57 +2.43%
Dr. Reddy's Labora… CAPS Rating: *****
TCM $4.04 Down -0.06 -1.44%
Tongjitang Chinese… CAPS Rating: *****

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