Welcome back to another Foolish review of the hottest stocks as ranked by Motley Fool CAPS. We're looking at the three best-performing industries over the past 30 days and your favorite long and short candidates in each.

Last time, software stocks were boiling over like pasta in a pot. No longer. With apologies to its neighbor, Japan, China is the new land of the rising sun. Stocks from this red-hot region are up an average of 35.8% over the past 30 days.

Our other hotties are far more mundane, but familiar. Industrial equipment wholesalers drop from second to third with a 31.2% average return. Nickel miners, meanwhile, are up 34.1% since mid-September.

According to you, our Foolish readers, the best stocks in these industries to own now -- i.e., those with four or five of the maximum five stars in CAPS -- are:

Company

CAPS stars

No. of CAPS ratings

Bullish CAPS ratings

Bull ratio

China Fire & Security

(NASDAQ:CFSG)

*****

509

508

99.8%

SORL Auto Parts

(NASDAQ:SORL)

*****

307

305

99.3%

Applied Industrial Tech

*****

117

116

99.1%

T-3 Energy Services

*****

111

109

98.2%

KHD Humboldt Wedag

(NYSE:KHD)

*****

91

90

98.9%

Huaneng Power

(NYSE:HNP)

*****

455

450

98.9%

American Dairy

(NYSE:ADY)

*****

299

295

98.7%

Source: Motley Fool CAPS.

And your favorite short candidates -- i.e., those rated with one or two stars in CAPS -- are:

Company

CAPS Stars

No. of CAPS ratings

Bearish CAPS ratings

Bear ratio

China Shenghuo Pharma

*

165

90

54.5%

Canadian Solar

(NASDAQ:CSIQ)

*

185

86

46.5%

Source: Motley Fool CAPS.

Do you agree? Disagree? Let us know what you think by signing up for CAPS today. It's 100% free to participate.

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