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 yesterday. 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 |
Yesterday's Adjusted Close |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
China Mobile Ltd. (ADR) |
$56.72 |
Wireless Communications |
|
2868 of 2963 |
|
Northgate Minerals Corp (USA) |
$1.52 |
Gold |
|
1414 of 1465 |
|
Novo Nordisk A/S (ADR) |
$55.56 |
Drug Manufacturers - Other |
|
310 of 318 |
Source: Motley Fool CAPS, as of Sept. 2, 2008.
Top-rated wireless communications companies:
-
Cellcom Israel Ltd.
(NYSE:CEL) : Stock price is 46% higher than last year. -
Partner Communications Company Ltd (ADR)
(NASDAQ:PTNR) : Stock price is 45% higher than last year.
Top-rated gold companies:
-
Rio Tinto plc (ADR)
(NYSE:RTP) : Stock price is 45% higher than last year. -
Kinross Gold Corp (USA)
(NYSE:KGC) : Stock price is 40% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
