3 Stocks Hitting Low Notes
By Motley Fool Staff
October 1, 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
|
|
Ormat Technologies, Inc. (NYSE: ORA)
|
$35.27
|
Electric Utilities
|
|
332 of 349
|
|
Baker Hughes, Inc. (NYSE: BHI)
|
$56.11
|
Oil & Gas Equipment & Services
|
|
911 of 947
|
|
BorgWarner, Inc. (NYSE: BWA)
|
$30.65
|
Auto Parts
|
|
238 of 259
|
Source: Motley Fool CAPS, as of Oct. 1, 2008.
Top-rated electric utilities companies:
-
The Southern Company (NYSE: SO): Stock price is 7% higher than last year.
-
Dominion Resources, Inc. (NYSE: D): Stock price is 5% higher than last year.
Top-rated oil & gas equipment & services companies:
-
W-H Energy Services, Inc. (NYSE: WHQ): Stock price is 47% higher than last year.
-
Boots & Coots Intl. Well, Inc. (AMEX: WEL): Stock price is 33% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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