3 Stocks Hitting Low Notes
By
Motley Fool Staff
August 19, 2008
|
When a stock hits a fresh low, it can either signal a dirt-cheap dream stock or 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 indicate that further research is in order.
Here are three such stocks:
| Company |
Today’s Low
|
Industry
|
CAPS Rating (Out of 5)
|
Fools Saying Outperform
|
|
iShares MSCI Spain Index (ETF) (NYSE: EWP)
|
$49.76
|
Closed-End Fund - Equity
|
|
96 of 110
|
|
Redwood Trust (NYSE: RWT)
|
$17.99
|
REIT - Diversified
|
|
101 of 142
|
|
Chindex International (Nasdaq: CHDX)
|
$11.93
|
Medical Equipment Wholesale
|
|
173 of 186
|
Source: Motley Fool CAPS, as of Aug. 18, 2008.
Other REIT-diversified companies:
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Anworth Mortgage Asset (NYSE: ANH): Stock price is 42% higher than last year.
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Digital Realty Trust (NYSE: DLR): Stock price is 31% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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