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

Sturm, Ruger & Company (NYSE:RGR)

$11.24

Leisure Equipment and Products

3 Stars

239 of 269

Netflix, Inc. (NASDAQ:NFLX)

$42.49

Internet and Catalog Retail

3 Stars

5745 of 6866

Source: Motley Fool CAPS, as of March 23, 2009.

Top-rated leisure equipment and products companies:

  • Hasbro, Inc. (NYSE:HAS): Stock price is 14% lower than last year.
  • JAKKS Pacific, Inc. (NASDAQ:JAKK): Stock price is 57% lower than last year.

Top-rated Internet and catalog retail companies:

  • PetMed Express, Inc. (NASDAQ:PETS): Stock price is 39% higher than last year.

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