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

CSX Corp (NYSE:CSX)

$49.64

Road and Rail

4 Stars

1581 of 1648

Altria Group, Inc. (NYSE:MO)

$19.39

Tobacco

4 Stars

7934 of 8221

Hewlett-Packard Company (NYSE:HPQ)

$50.72

Computers and Peripherals

3 Stars

2653 of 2866

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

Top-rated road and rail companies:

  • Canadian National Railway (USA) (NYSE:CNI): Stock price is 51% higher than last year.
  • Guangshen Railway Co. Ltd (ADR) (NYSE:GSH): Stock price is 51% higher than last year.

Top-rated tobacco companies:

  • Alliance One International, Inc. (NYSE:AOI): Stock price is 64% higher than last year.
  • Imperial Tobacco Group PLC (ADR) (OTC: ITYBY): Stock price is 42% higher than last year.

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