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 115,000-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 |
|---|---|---|---|---|
|
BT Group plc (ADR) |
$30.71 |
Telecom Services - Foreign |
|
102 of 113 |
|
iStar Financial, Inc. |
$6.09 |
Credit Services |
|
224 of 248 |
|
Tongjitang Chinese Medicines Co. (ADR) |
$3.56 |
Biotechnology |
|
270 of 284 |
Source: Motley Fool CAPS, as of Aug. 21, 2008.
Five-star telecom services - foreign companies:
-
Brasil Telecom Part. S.A. (ADR)
(NYSE:BRP) : Stock price is 23% higher than last year. -
Tele Norte Leste Participacoes SA (ADR)
(NYSE:TNE) : Stock price is 20% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
