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 125,000-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 two such stocks:

Company

Today’s Intraday Price

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

Force Protection, Inc. (NASDAQ:FRPT)

$5.84

Machinery

3 Stars

701 of 763

Rochester Medical Corp (NASDAQ:ROCM)

$15.57

Health-Care Equipment and Supplies

3 Stars

267 of 286

Source: Motley Fool CAPS, as of Dec. 30, 2008.

Top-rated machinery companies:

  • Wabtec Corp (NYSE:WAB): Stock price is 11% higher than last year.
  • Titan Machinery (NASDAQ:TITN): Stock price is 5% higher than last year.

Top-rated health-care equipment and supplies companies:

  • ATS Medical, Inc. (NASDAQ:ATSI): Stock price is 19% higher than last year.
  • CryoLife, Inc. (NYSE:CRY): Stock price is 14% higher than last year.

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