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 |
|---|---|---|---|---|
|
NetApp |
$18.13 |
Data Storage Devices |
|
295 of 332 |
|
CVS Caremark Corp |
$34.02 |
Drugstores |
|
1199 of 1252 |
|
International Game Technology |
$16.05 |
Toys & Games |
|
578 of 620 |
Source: Motley Fool CAPS, as of Sept. 23, 2008
Top-rated data storage devices companies:
-
Western Digital Corp.
(NYSE:WDC) : Stock price is 14% lower than last year. -
Xyratex Ltd.
(NASDAQ:XRTX) : Stock price is 35% lower than last year.
Top-rated drugstore companies:
-
Medco Health Solutions, Inc.
(NYSE:MHS) : Stock price is 4% higher than last year. -
Omnicare, Inc.
(NYSE:OCR) : Stock price is 5% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
