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

Actuate Corp (NASDAQ:ACTU)

$5.62

Software

4 Stars

474 of 488

Capstead Mortgage Corp (NYSE:CMO)

$13.66

Real Estate Investment Trusts (REITs)

2 Stars

181 of 280

Builders FirstSource, Inc. (NASDAQ:BLDR)

$6.83

Building Products

2 Stars

208 of 257

Source: Motley Fool CAPS, as of August 5, 2009

Top-rated software companies:

  • KongZhong Corp (ADR) (NASDAQ:KONG): Stock price is 224% higher than last year.
  • ClickSoftware Technologies Ltd. (NASDAQ:CKSW): Stock price is 208% higher than last year.

Top-rated real estate investment trust (REIT) companies:

  • Senior Housing Properties Trust (NYSE:SNH): Stock price is 1% higher than last year.
  • Rayonier, Inc. (NYSE:RYN): Stock price is 6% lower than last year.

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