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 |
|---|---|---|---|---|
|
|
|
|
|
|
|
Circuit City Stores, Inc. |
$1.52 |
Electronics Stores |
|
567 of 1213 |
|
Amylin Pharmaceuticals, Inc. |
$20.48 |
Biotechnology |
|
267 of 329 |
Source: Motley Fool CAPS, as of Aug. 28, 2008.
Top-ranked Internet software & services companies:
-
Zix Corp
(NASDAQ:ZIXI) : Stock price is 69% higher than last year. -
Gmarket, Inc. (ADR)
(NASDAQ:GMKT) : Stock price is 24% higher than last year.
Top-ranked electronics stores company:
-
GameStop Corp.
(NYSE:GME) : Stock price is 7% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
