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

Harley-Davidson, Inc. (NYSE:HOG)

$28.09

Automobiles

2 Stars

1466 of 1858

Tongjitang Chinese Medicines Co. (ADR) (NYSE:TCM)

$5.10

Pharmaceuticals

5 Stars

305 of 319

Philip Morris International (NYSE:PM)

$50.98

Tobacco

5 Stars

1972 of 2005

Source: Motley Fool CAPS, as of October 16, 2009

Top-rated automobiles companies:

  • Honda Motor Co., Ltd. (ADR) (NYSE:HMC): Stock price is 42% higher than last year.

Top-rated pharmaceuticals companies:

  • Par Pharmaceutical Companies, Inc. (NYSE:PRX): Stock price is 131% higher than last year.
  • Dr. Reddy's Laboratories Limited (ADR) (NYSE:RDY): Stock price is 121% higher than last year.

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