3 Stocks Hitting High Notes

Stocks hitting fresh highs can either signal that a stock is 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.

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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 could be a sign that further research is in order.

Here are three such stocks:

	Today’s High	Industry	CAPS Rating	Fools Saying Outperform	Research
Royal Gold (Nasdaq: RGLD)	$37.52	Metals & Mining	****	231 of 262	Research
Axsys Technologies (Nasdaq: AXYS)	$64.99	Electronics	*****	487 of 498	Research
AZZ (NYSE: AZZ)	$47.40	Industrial	****	474 of 495	Research

Source: Motley Fool CAPS, as of July 21, 2008

Five-star metals & mining companies

Yamana Gold (NYSE: AUY) -- up 11.4% in the past year.
Freeport-McMoRan Copper & Gold (NYSE: FCX) -- up 10.9% in the past year.

Five-Star Industrial Companies

GrafTech International (NYSE: GTI) -- up 35.8% in the past year.
Eaton (NYSE: ETN) -- stock price is 28.7% cheaper than a year ago.

Copyright © 2008 Universal Press Syndicate.