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

Autoliv, Inc. (NYSE:ALV)

$41.35

Auto Components

4 Stars

252 of 270

SPDR Gold Trust (ETF) (NYSE:GLD)

$112.19

Gold Oriented Funds

3 Stars

2430 of 2688

CNH Global N.V. (ADR) (NYSE:CNH)

$23.79

Machinery

4 Stars

274 of 299

Source: Motley Fool CAPS, as of November 18, 2009

Top-rated auto components companies:

  • Sorl Auto Parts, Inc. (NASDAQ:SORL): Stock price is 233% higher than last year.
  • Exide Technologies (NASDAQ:XIDE): Stock price is 136% higher than last year.

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