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 |
|---|---|---|---|---|
|
Perfect World Co., Ltd. |
$30.04 |
Software |
|
281 of 305 |
|
Riverbed Technology, Inc. |
$24.15 |
Communications Equipment |
|
466 of 505 |
Source: Motley Fool CAPS, as of June 24, 2009.
Top-rated software companies:
-
KongZhong Corp (ADR)
(NASDAQ:KONG) : Stock price is 137% higher than last year. -
Shanda Interactive Entertainment Ltd ADR
(NASDAQ:SNDA) : Stock price is 103% higher than last year.
Top-rated communications equipment companies:
-
Arris Group, Inc.
(NASDAQ:ARRS) : Stock price is 33% higher than last year. -
Tellabs, Inc.
(NASDAQ:TLAB) : Stock price is 17% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
