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 |
---|---|---|---|---|
Dendreon Corp |
$16.90 |
Biotechnology |
|
951 of 1203 |
ArthroCare Corp(OTC BB: ARTC) |
$7.85 |
Health-Care Equipment and Supplies |
|
126 of 276 |
Source: Motley Fool CAPS, as of April 14, 2009.
Top-rated biotechnology companies:
-
Amgen, Inc.
(NASDAQ:AMGN) : Stock price is 12% higher than last year. -
Crucell N.V. (ADR)
(NASDAQ:CRXL) : Stock price is 6% higher than last year.
Top-rated health-care equipment and supplies companies:
-
ATS Medical, Inc.
(NASDAQ:ATSI) : Stock price is 55% higher than last year. -
Orthovita, Inc.
(NASDAQ:VITA) : Stock price is 24% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.