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 three such stocks:

Company

Today’s Intraday Price

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

AutoZone, Inc. (NYSE:AZO)

$166.03

Specialty Retail

1 Stars

285 of 452

Family Dollar Stores, Inc. (NYSE:FDO)

$33.26

Multiline Retail

3 Stars

426 of 469

Source: Motley Fool CAPS, as of March 26, 2009.

Top-rated communications equipment companies:

  • Arris Group, Inc. (NASDAQ:ARRS): Stock price is 28% higher than last year.
  • InterDigital, Inc. (NASDAQ:IDCC): Stock price is 14% higher than last year.

Top-rated specialty retail companies:

  • PetSmart, Inc. (NASDAQ:PETM): Stock price is 4% higher than last year.
  • Tractor Supply Company (NASDAQ:TSCO): Stock price is 12% lower than last year.

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