3 Stocks Hitting Low Notes
By Motley Fool Staff
September 23, 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
|
|
NetApp (Nasdaq: NTAP)
|
$18.13
|
Data Storage Devices
|
|
295 of 332
|
|
CVS Caremark Corp (NYSE: CVS)
|
$34.02
|
Drugstores
|
|
1199 of 1252
|
|
International Game Technology (NYSE: IGT)
|
$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.
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