3 Stocks Hitting Low Notes
By
Motley Fool Staff
September 29, 2008
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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
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Industry
|
CAPS Rating (out of 5)
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Fools Saying Outperform
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|
|
|
|
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|
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3M Company (NYSE: MMM)
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$66.60
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Conglomerates
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3153 of 3254
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Chesapeake Energy Corp (NYSE: CHK)
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$32.26
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Independent Oil & Gas
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5165 of 5300
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Source: Motley Fool CAPS, as of Sept. 29, 2008.
Top-rated industrial metals & minerals companies:
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International Coal Group, Inc. (NYSE: ICO): Stock price is 28% higher than last year.
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Alliance Resource Partners, L.P. (Nasdaq: ARLP): Stock price is 6% lower than last year.
Top-rated conglomerates companies:
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Thermo Fisher Scientific, Inc. (NYSE: TMO): Stock price is 6% lower than last year.
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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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