3 Stocks Hitting High Notes

1 Recommendation

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 115,000-plus investors participating in Motley Fool CAPS to find stocks hitting 52-week highs yesterday. 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

Yesterday’s Adjusted Close

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

Quality Systems, Inc. (Nasdaq: QSII)

$42.84

Healthcare Information Services

5 Stars

2026 of 2083

Nicor, Inc. (NYSE: GAS)

$45.39

Gas Utilities

4 Stars

114 of 128

Medifast, Inc. (NYSE: MED)

$8.71

Specialty Retail, Other

2 Stars

109 of 133

Source: Motley Fool CAPS, as of Aug. 27, 2008.

Five-star health-care information services companies:

  • HLTH Corp (Nasdaq: HLTH): Stock price is 11% less than last year.

Five-star gas utilities companies:

  • TransCanada Corp (USA) (NYSE: TRP): Stock price is 13% higher than last year.
  • Sempra Energy (NYSE: SRE): Stock price is 9% higher than last year.

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

What do the unfolding financial crisis and ongoing market volatility mean for your money? The Fool's here with answers. Get the best of our daily commentary and analysis in your inbox simply by entering your email address in the box below.

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 yesterday's trading. No individual person selected the stocks in this article, so there is no author to disclose an interest in them. Annual performance is measured over a 365-day period. Since this article was automatically generated by identifying the stocks rated 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), 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.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 715690, ~/articles/articlehandler.aspx, 11/21/2008 7:32:10 AM,

Sign up for FREE Motley Fool site access to keep reading:

“3 Stocks Hitting High Notes”

Signing up allows you to comment on articles and on the discussion boards.

It's completely FREE and will take only 10 seconds.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

Unavailable

The Motley Poll

What changes are you making to your portfolio?

Sponsored by: