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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