When a stock hits a fresh high, it can either signal that the stock is 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.
Digging 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 today. The community's approval (as evidenced by four- and five-star ratings) could be a sign that further research is in order.
Here are three such stocks:
|
|
Today's High |
Industry |
CAPS Rating |
Fools Saying Outperform |
|---|---|---|---|---|
|
Natus Medical |
$24.44 |
Health services |
***** |
1249 of 1282 |
|
Overhill Farms |
$10.00 |
Food & beverage |
***** |
140 of 146 |
|
Ebix |
$102.00 |
Computer software & services |
***** |
281 of 290 |
Source: Motley Fool CAPS, as of Aug. 1, 2008.
Other five-star health services companies:
-
Mindray Medical
(NYSE:MR) -- up 29.7% in the past year. -
Coventry Health Care
(NYSE:CVH) -- stock price is 36.6% cheaper than a year ago.
Other food & beverage companies:
-
Cal-Maine Foods
(NASDAQ:CALM) -- up 117% in the past year. -
PepsiCo
(NYSE:PEP) -- up 3.7% in the past year.
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