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 140,000-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

Obagi Medical Products, Inc. (NASDAQ:OMPI)

$11.00

Pharmaceuticals

5 Stars

290 of 295

Red Hat, Inc. (NYSE:RHT)

$27.89

Software

2 Stars

505 of 614

Zhongpin Inc.(OTC BB: HOGS)

$14.50

Food Products

5 Stars

757 of 767

Source: Motley Fool CAPS, as of September 24, 2009

Top-rated pharmaceuticals companies:

  • Angiotech Pharmaceuticals, Inc. (USA) (NASDAQ:ANPI): Stock price is 192% higher than last year.
  • SuperGen, Inc. (NASDAQ:SUPG): Stock price is 109% higher than last year.

Top-rated software companies:

  • ClickSoftware Technologies Ltd. (NASDAQ:CKSW): Stock price is 194% higher than last year.
  • Webzen, Inc. (ADR) (NASDAQ:WZEN): Stock price is 91% higher than last year.

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