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 130,000-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 |
|---|---|---|---|---|
|
CV Therapeutics, Inc. (NASDAQ:CVTX) |
$20.69 |
Biotechnology |
|
267 of 308 |
|
AutoZone, Inc. (NYSE:AZO) |
$161.14 |
Specialty Retail |
|
285 of 445 |
Source: Motley Fool CAPS, as of March 12, 2009.
Top-rated biotechnology companies:
- Crucell N.V. (ADR) (NASDAQ:CRXL): Stock price is 40% higher than last year.
- PDL BioPharma, Inc. (NASDAQ:PDLI): Stock price is 34% higher than last year.
Top-rated specialty retail companies:
- PetSmart, Inc. (NASDAQ:PETM): Stock price is 8% lower than last year.
- Tractor Supply Company (NASDAQ:TSCO): Stock price is 13% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
