3 Stocks Hitting Low Notes
By Motley Fool Staff
September 18, 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
|
|
Oneok Partners LP (NYSE: OKS)
|
$50.54
|
Oil & Gas Pipelines
|
|
271 of 280
|
|
Companhia de Saneamento Basico (ADR) (NYSE: SBS)
|
$30.22
|
Foreign Utilities
|
|
937 of 944
|
|
Parker Hannifin Corp (NYSE: PH)
|
$52.60
|
Industrial Equipment & Components
|
|
447 of 461
|
Source: Motley Fool CAPS, as of Sept. 18, 2008.
Top-rated oil & gas pipelines companies:
-
Enbridge, Inc. (USA) (NYSE: ENB): Stock price is 14% higher than last year.
-
Clean Energy Fuels Corp. (Nasdaq: CLNE): Stock price is 11% higher than last year.
Top-rated foreign utilities companies:
-
CPFL Energia S.A. (ADR) (NYSE: CPL): Stock price is 9% lower than last year.
-
Enersis S.A. (ADR) (NYSE: ENI): Stock price is 16% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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