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

Brasil Telecom S.A. (ADR) (NYSE:BTM)

$27.34

Building Products

5 Stars

518 of 535

Wipro Limited (ADR) (NYSE:WIT)

$18.53

IT Services

3 Stars

404 of 429

Ivanhoe Mines Ltd. (USA) (NYSE:IVN)

$13.15

Metals and Mining

2 Stars

262 of 294

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

Top-rated building products companies:

  • Ameron International Corp (NYSE:AMN): Stock price is 20% higher than last year.
  • Apogee Enterprises, Inc. (NASDAQ:APOG): Stock price is 19% higher than last year.

Top-rated IT services companies:

  • Patni Computer Systems Limited (ADR) (NYSE:PTI): Stock price is 149% higher than last year.
  • MoneyGram International, Inc. (NYSE:MGI): Stock price is 117% higher than last year.

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