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 two such stocks:
Company |
Today’s Intraday Price |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
---|---|---|---|---|
ICICI Bank Limited (ADR) |
$40.00 |
Commercial Banks |
|
868 of 903 |
TransGlobe Energy Corp (USA) |
$3.80 |
Oil, Gas and Consumable Fuels |
|
445 of 465 |
Source: Motley Fool CAPS, as of October 6, 2009
Top-rated IT services companies:
-
Patni Computer Systems Limited (ADR)
(NYSE:PTI) : Stock price is 179% higher than last year. -
MoneyGram International, Inc.
(NYSE:MGI) : Stock price is 144% higher than last year.
Top-rated commercial bank companies:
-
Banco Bradesco S.A. (ADR)
(NYSE:BBD) : Stock price is 75% higher than last year. -
Credicorp Ltd. (USA)
(NYSE:BAP) : Stock price is 62% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.