3 Stocks Hitting Low Notes
By
Dan Dzombak
July 14, 2008
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When a stock hits a fresh low, it can mean one of two things: It might be a dirt cheap dream stock, or it might be a dreadful stock to avoid. Separating the wheat from the chaff is difficult, but finding well-run companies at bargain-basement prices is a great way to accumulate a fortune over the long run.
With that in mind, we'll use the aggregate intelligence of the 110,000-plus investors participating in Motley Fool CAPS to see what the community is saying about stocks hitting 52-week lows 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:
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Today’s Low
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Industry
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CAPS Rating (out of 5)
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Fools Saying Outperform
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Research
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OmniVision Technologies, Inc. (Nasdaq: OVTI)
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$11.03
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Electronics
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*****
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549 of 582
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Research
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Thomas & Betts Corp (NYSE: TNB)
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$33.04
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Electronics
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*****
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172 of 175
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Research
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Montpelier Re Holdings Ltd. (NYSE: MRH)
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$14.50
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Insurance
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*****
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2663 of 2766
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Research
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Source: Motley Fool CAPS, as of July 14, 2008.
Other five-star electronics companies
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Applied Materials, Inc. (Nasdaq: AMAT): Stock price is 12.4% cheaper than last year.
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Itron, Inc. (Nasdaq: ITRI): Up 15.9% in the past year.
Other five-star insurance companies
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Safety Insurance Group, Inc. (Nasdaq: SAFT): Up 1.7% in the last year.
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Manulife Financial Corp (NYSE: MFC): Stock price is 9.2% cheaper than last year.
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