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 135,000-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 |
|---|---|---|---|---|
|
Spartan Motors, Inc. (NASDAQ:SPAR) |
$10.33 |
Auto Components |
|
465 of 492 |
|
Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) |
$73.28 |
Metals and Mining |
|
560 of 653 |
Source: Motley Fool CAPS, as of June 2, 2009.
Top-rated auto components companies:
- Dorman Products, Inc. (NASDAQ:DORM): Stock price is 50% higher than last year.
- Wonder Auto Technology, Inc. (NASDAQ:WATG): Stock price is 7% higher than last year.
Top-rated metals and mining companies:
- Rubicon Minerals Corp. (USA) (AMEX:RBY): Stock price is 94% higher than last year.
- Royal Gold, Inc. (NASDAQ:RGLD): Stock price is 57% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
