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 three such stocks:

Company

Today’s Intraday Price

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

InterDigital, Inc. (NASDAQ:IDCC)

$31.04

Communications Equipment

4 Stars

942 of 985

Apollo Group, Inc. (NASDAQ:APOL)

$89.79

Diversified Consumer Services

1 Stars

569 of 730

Source: Motley Fool CAPS, as of Jan. 22, 2009.

Top-rated communications equipment companies:

  • F5 Networks, Inc. (NASDAQ:FFIV): Stock price is 15% higher than last year.
  • Radyne Corp (NASDAQ:RADN): Stock price is 6% higher than last year.

Top-rated diversified consumer services companies:

  • American Public Education (NASDAQ:APEI): Stock price is (8%) lower than last year.
  • Noah Education (NYSE:NED): Stock price is (54%) lower than last year.

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