3 Stocks Hitting Low Notes
By
Motley Fool Staff
September 3, 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 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 three such stocks:
| Company |
Yesterday's Adjusted Close
|
Industry
|
CAPS Rating (out of 5)
|
Fools Saying Outperform
|
|
Acergy S.A. (ADR) (Nasdaq: ACGY)
|
$15.47
|
Oil & Gas Equipment & Services
|
|
437 of 455
|
|
Seabridge Gold, Inc. (USA) (AMEX: SA)
|
$13.52
|
Gold
|
|
314 of 380
|
|
BP plc (ADR) (NYSE: BP)
|
$54.01
|
Major Integrated Oil & Gas
|
|
1931 of 2049
|
Source: Motley Fool CAPS, as of Sept. 3, 2008.
Top-rated oil & gas equipment & services companies:
-
Boots & Coots Intl. Well, Inc. (AMEX: WEL): Stock price is 134% higher than last year.
-
Lufkin Industries, Inc. (Nasdaq: LUFK): Stock price is 48% higher than last year.
Top-rated gold companies:
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Rio Tinto plc (ADR) (NYSE: RTP): Stock price is 25% higher than last year.
-
Kinross Gold Corp (USA) (NYSE: KGC): Stock price is 23% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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