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 115,000-plus investors participating in Motley Fool CAPS to find stocks hitting 52-week highs yesterday. The community's approval (signified by four- and five-star ratings) could be a sign that further research is in order.

Here are two such stocks:

Company

Yesterday's Adjusted Close

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

Almost Family, Inc. (NASDAQ:AFAM)

$45.87

Home Health Care

4 Stars

378 of 397

Wabtec Corp (NYSE:WAB)

$59.69

Railroads

5 Stars

402 of 407

 

 

 

 

 

Source: Motley Fool CAPS, as of Aug. 29, 2008.

Top-rated home health care company:

  • Gentiva Health Services, Inc. (NASDAQ:GTIV): Stock price is 33% higher than last year.

Top-rated railroads companies:

  • Kansas City Southern (NYSE:KSU): Stock price is 69% higher than last year.
  • CSX Corp (NYSE:CSX): Stock price is 58% higher than last year.

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