3 Stocks Hitting Low Notes
By Motley Fool Staff
September 12, 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
|
|
Metalico, Inc. (AMEX: MEA)
|
$7.27
|
Steel & Iron
|
|
1039 of 1064
|
|
Qiao Xing Universal Telephone, Inc. (Nasdaq: XING)
|
$3.12
|
Communication Equipment
|
|
545 of 577
|
|
Spartan Motors, Inc. (Nasdaq: SPAR)
|
$4.01
|
Trucks & Other Vehicles
|
|
399 of 420
|
Source: Motley Fool CAPS, as of Sept. 12, 2008.
Top-rated steel & iron companies:
-
Northwest Pipe Company (Nasdaq: NWPX): Stock price is 58% higher than last year.
-
Olympic Steel, Inc. (Nasdaq: ZEUS): Stock price is 50% higher than last year.
Top-rated communication equipment companies:
-
DIRECTV Group, Inc. (Nasdaq: DTV): Stock price is 26% higher than last year.
-
Radyne Corp (Nasdaq: RADN): Stock price is 6% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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