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 three such stocks:

Company

Today’s Intraday Price

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

STEC, Inc. (NASDAQ:STEC)

$32.07

Computers and Peripherals

2 Stars

367 of 425

Travelzoo, Inc. (NASDAQ:TZOO)

$12.60

Internet Software and Services

1 Stars

172 of 314

Cypress Semiconductor Corp (NYSE:CY)

$10.31

Semiconductors and Semiconductor Equipment

4 Stars

637 of 673

Source: Motley Fool CAPS, as of July 16, 2009

Top-Rated computers and peripherals companies:

  • Synaptics, Inc. (NASDAQ:SYNA): Stock price is 17% higher than last year.
  • EMC Corp (NYSE:EMC): Stock price is 9% higher than last year.

Top-Rated internet software and services companies:

  • NetEase.com, Inc. (ADR) (NASDAQ:NTES): Stock price is 80% higher than last year.
  • RADVISION Ltd.. (USA) (NASDAQ:RVSN): Stock price is 44% higher than last year.

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