3 Stocks Hitting Low Notes

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:

	Today’s Low	Industry	CAPS Rating (out of 5)	Fools Saying Outperform	Research
OmniVision Technologies, Inc. (Nasdaq: OVTI  )	$11.03	Electronics	*****	549 of 582	Research
Thomas & Betts Corp (NYSE: TNB  )	$33.04	Electronics	*****	172 of 175	Research
Montpelier Re Holdings Ltd. (NYSE: MRH  )	$14.50	Insurance	*****	2663 of 2766	Research

Source: Motley Fool CAPS, as of July 14, 2008.

Other five-star electronics companies

• Applied Materials, Inc. (Nasdaq: AMAT  ) : Stock price is 12.4% cheaper than last year.
• Itron, Inc. (Nasdaq: ITRI  ) : Up 15.9% in the past year.

Other five-star insurance companies

• Safety Insurance Group, Inc. (Nasdaq: SAFT  ) : Up 1.7% in the last year.
• Manulife Financial Corp (NYSE: MFC  ) : Stock price is 9.2% cheaper than last year.

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