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

Horsehead Holding Corp. (NASDAQ:ZINC)

$11.77

Metals and Mining

5 Stars

684 of 696

Cree, Inc. (NASDAQ:CREE)

$33.82

Semiconductors and Semiconductor Equipment

3 Stars

748 of 816

Check Point Software Technologies Ltd. (NASDAQ:CHKP)

$27.42

Software

4 Stars

248 of 262

Source: Motley Fool CAPS, as of August 12, 2009

Top-rated metals and mining companies:

  • Rubicon Minerals Corp. (USA) (AMEX:RBY): Stock price is 137% higher than last year.
  • Aluminum Corp. of China Limited (ADR) (NYSE:ACH): Stock price is 51% higher than last year.

Top-rated semiconductors and semiconductor equipment companies:

  • Cypress Semiconductor Corp (NYSE:CY): Stock price is 149% higher than last year.
  • SRS Labs, Inc. (NASDAQ:SRSL): Stock price is 37% higher than last year.

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