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 |
|---|---|---|---|---|
|
3Com Corp (NASDAQ:COMS) |
$3.63 |
Communications Equipment |
|
264 of 329 |
|
AsiaInfo Holdings, Inc. (NASDAQ:ASIA) |
$18.02 |
Internet Software and Services |
|
240 of 254 |
Source: Motley Fool CAPS, as of April 2, 2009.
Top-rated independent power producers and energy traders companies:
- Huaneng Power International, Inc. (ADR) (NYSE:HNP): Stock price is 6% lower than last year.
- Ormat Technologies, Inc. (NYSE:ORA): Stock price is 37% lower than last year.
Top-rated communications equipment companies:
- Arris Group, Inc. (NASDAQ:ARRS): Stock price is 34% higher than last year.
- InterDigital, Inc. (NASDAQ:IDCC): Stock price is 32% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
