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

Dr. Reddy's Laboratories Limited (ADR) (NYSE:RDY)

$21.85

Pharmaceuticals

5 Stars

343 of 361

HMS Holdings Corp. (NASDAQ:HMSY)

$43.57

Health-Care Providers and Services

4 Stars

254 of 266

Source: Motley Fool CAPS, as of October 30, 2009

Top-rated pharmaceuticals companies:

  • Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI): Stock price is 153% higher than last year.
  • Schering-Plough Corp (NYSE:SGP): Stock price is 104% higher than last year.

Top-rated health-care providers and services companies:

  • Health Grades, Inc. (NASDAQ:HGRD): Stock price is 103% higher than last year.
  • Catalyst Health Solutions, Inc. (OTC BB: CHSI): Stock price is 89% higher than last year.

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

Disclosure is important to us here at The Motley Fool. The stocks mentioned in this article received their CAPS ratings from participants in The Motley Fool's CAPS service and have hit 52-week highs during today's trading.

No individual person selected the stocks in this article, so there is no author to disclose an interest in them. Since this article was automatically generated by identifying the stocks loved both by the CAPS community and by buyers in today’s market, it is possible that Motley Fool personnel (and even The Motley Fool itself, through our Million Dollar Portfolio, Motley Fool Pro, and Ready Made Millionaire services), have positions in these stocks. We thought you'd like to know that. You can learn more about The Motley Fool’s disclosure policy here.