When a stock hits a fresh high, that can mean it's on its way to greatness or that it's 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 115,000-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 High |
Industry |
CAPS Rating (Out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Fuel Systems Solutions |
$60.75 |
Auto Parts |
|
256 of 323 |
|
ENGlobal |
$16.65 |
Technical Services |
|
287 of 298 |
Source: Motley Fool CAPS, as of Aug. 19, 2008.
Other heavy-construction companies:
-
Matrix Service
(NASDAQ:MTRX) : Stock price is 28% higher than last year. -
Core Laboratories N.V.
(NYSE:CLB) : Stock price is 18% higher than last year.
Other auto-parts companies:
-
Quantum Fuel Systems Technologies
(NASDAQ:QTWW) : Stock price is 60% higher than last year. -
Stoneridge
(NYSE:SRI) : Stock price is 44% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
