3 Stocks Hitting Low Notes
By Motley Fool Staff
September 29, 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
|
|
|
|
|
|
|
|
3M Company (NYSE: MMM)
|
$66.60
|
Conglomerates
|
|
3153 of 3254
|
|
Chesapeake Energy Corp (NYSE: CHK)
|
$32.26
|
Independent Oil & Gas
|
|
5165 of 5300
|
Source: Motley Fool CAPS, as of Sept. 29, 2008.
Top-rated industrial metals & minerals companies:
-
International Coal Group, Inc. (NYSE: ICO): Stock price is 28% higher than last year.
-
Alliance Resource Partners, L.P. (Nasdaq: ARLP): Stock price is 6% lower than last year.
Top-rated conglomerates companies:
-
Thermo Fisher Scientific, Inc. (NYSE: TMO): Stock price is 6% lower than last year.
-
Leucadia National Corp. (NYSE: LUK): Stock price is 15% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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