3 Stocks Hitting High Notes

By Dan Dzombak:

When a stock hits a fresh high, it can signal one of two things: Either the stock is on its way to greatness, or it has run its course. Searching for these outperformers can reveal companies that are doing something right -- much to their investors' delight.

I'm a poet and didn’t know it
With that in mind, we'll use the aggregate intelligence of the 110,000-plus investors participating in Motley Fool CAPS to find stocks hitting 52-week highs today. The community's approval (reflected in its four- and five-star ratings) could be a sign that further research is in order.

Here are three such stocks:

	Today’s High	Industry	CAPS Rating (out of 5)	Fools Saying Outperform	Research
Exelon (NYSE: EXC)	$92.13	Utilities	*****	539 of 563	Research
BP Prudhoe (NYSE: BPT)	$108.40	Energy	*****	542 of 567	Research
Solera Holdings, Inc. (NYSE: SLH)	$29.71	Computer software and services	***	39 of 45	Research

Source: Motley Fool CAPS, as of July 7, 2008.

Other five-star utilities

• Portland General Electric Company (NYSE: POR) -- down 20.2% in past year.
• Otter Tail Corp. (Nasdaq: OTTR) -- up 16.9% in past year.

Other five-star energy

• Energy Transfer Partners (NYSE: ETP) -- down 31.5% in past year.
• Frontier Oil Corp (NYSE: FTO) -- down 52.3% in past year.

Copyright © 2008 Universal Press Syndicate.