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3 Stocks Hitting Low Notes

By Motley Fool Staff | More Articles
September 3, 2008 | Comments (3)

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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
anImage

437 of 455

Seabridge Gold, Inc. (USA) (AMEX: SA  )

$13.52

Gold
anImage

314 of 380

BP plc (ADR) (NYSE: BP  )

$54.01

Major Integrated Oil & Gas
anImage

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:

  • 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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Disclosure is important to us here at The Motley Fool. The stocks mentioned in this article received their CAPS ratings from participants in The Motley Fool's CAPS service and have hit 52-week lows during yesterday's trading. No individual person selected the stocks in this article, so there is no author to disclose an interest in them. Annual performance is measured over a 365-day period. Since this article was automatically generated by identifying the stocks rated by the CAPS community and by buyers in today’s market, it is possible that Motley Fool personnel (and even The Motley Fool itself, through our Million Dollar Portfolio), have positions in these stocks. We thought you'd like to know that. You can learn more about The Motley Fool’s disclosure policy here.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 03, 2008, at 6:40 PM, Brettze wrote:

    You had seen the last of the highs in gold prices at over $900 recently. It will not go back up again as it appears to be coupled with oil prices that is sinking like lead. There is no knowing how low gold will fall but as anyone should know by now that the cost of mining gold is around $400 or so. No , we probably wont see the low of $250 again back in 2001. Prosperity is opposite of gold prices and we appears to be turning around the corner into another recovery. it is always possible that we will run into shortage of oil and another return to $4.50 gasoline anyday. It all depends on the memory span of all Americans and everyone else , of course. All you need to look out for is the return to the old ways of flagrant energy consumption.

  • Report this Comment On September 03, 2008, at 6:45 PM, Brettze wrote:

    Gold mining firms led by Newmont Mining were swearing off gold hedges, but now may be the best time to start back to hedging contracts on part or all of annual production. Gold at over $800 is a really good price that you can live with while energy costs are poised to fall in the coming years. Any major gold miner would look really smart locking up future contracts while watching energy costs falling and widening profits. The spot gold prices mean nothing if you are paying less for energy needed to produce gold as yo should know that gold prices at spot will follow energy prices down., anyway. it is not gloomy everyday... Things are lookng brighter everyday. So go lock in futures..

  • Report this Comment On September 03, 2008, at 6:47 PM, Brettze wrote:

    Just watch RV stocks to see if it will go up then wait until yo think it had hit the peak .Wait a year before jumping back in gold stocks at its lows.

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Related Tickers

12/31/1969 7:00 PM
SUBC.DL $0.00 Down +0.00 +0.00%
Subsea 7 SA CAPS Rating: *****
SA $21.51 Down -0.05 -0.23%
Seabridge Gold CAPS Rating: **
BP $47.37 Up +1.02 +2.20%
BP p.l.c. (ADR) CAPS Rating: ****
RTP.DL $0.00 Down +0.00 +0.00%
Rio Tinto plc (ADR… CAPS Rating: ****
WEL.DL $0.00 Down +0.00 +0.00%
Boots & Coots Intl… CAPS Rating: ***
KGC $10.44 Down -0.34 -3.15%
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LUFK $77.00 Down -0.16 -0.21%
Lufkin Industries,… CAPS Rating: ****

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