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 yesterday. The community's approval (signified by four- and five-star ratings) could indicate that further research is in order.
Here are two such stocks:
| Company |
Yesterday's Adjusted Close |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
|
|
|
|
|
|
Advance America, Cash Advance Centers |
$4.60 |
Credit Services |
|
184 of 210 |
|
Great Northern Iron Ore Properties |
$91.35 |
Property Management |
|
111 of 121 |
Source: Motley Fool CAPS, as of Aug. 26, 2008.
Five-star Internet software & services companies:
-
Gmarket, Inc. (ADR)
(NASDAQ:GMKT) : Stock price is 22% higher than last year. -
Shanda Interactive Entertainment Ltd ADR
(NASDAQ:SNDA) : Stock price is 4% less than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
