3 Stocks Hitting Low Notes
By Motley Fool Staff
September 9, 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 today. 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 |
Today's Intraday Price
|
Industry
|
CAPS Rating (out of 5)
|
Fools Saying Outperform
|
|
Marathon Oil Corp (NYSE: MRO)
|
$41.10
|
Oil & Gas Refining & Marketing
|
|
1101 of 1156
|
|
Lundin Mining Corp (USA) (AMEX: LMC)
|
$3.42
|
Industrial Metals & Minerals
|
|
962 of 993
|
|
Silicon Motion Technology Corp. (ADR) (Nasdaq: SIMO)
|
$6.61
|
Diversified Electronics
|
|
652 of 663
|
Source: Motley Fool CAPS, as of Sept. 9, 2008.
Top-rated oil & gas refining & marketing companies:
-
Petroleum Development Corp (Nasdaq: PETD): Stock price is 41% higher than last year.
-
BP Prudhoe Bay Royalty Trust (NYSE: BPT): Stock price is 34% higher than last year.
Top-rated industrial metals & minerals companies:
-
International Coal Group, Inc. (NYSE: ICO): Stock price is 71% higher than last year.
-
Alliance Resource Partners, L.P. (Nasdaq: ARLP): Stock price is 15% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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