3 Stocks Hitting Low Notes
By Motley Fool Staff
October 6, 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
|
|
Rowan Companies, Inc. (NYSE: RDC)
|
$21.81
|
Oil & Gas Drilling & Exploration
|
|
581 of 596
|
|
Sony Corp (ADR) (NYSE: SNE)
|
$25.96
|
Electronic Equipment
|
|
1029 of 1426
|
|
GrafTech International Ltd. (NYSE: GTI)
|
$9.86
|
Industrial Electrical Equipment
|
|
611 of 622
|
Source: Motley Fool CAPS, as of Oct. 6, 2008.
Top-rated oil & gas drilling & exploration companies:
-
Grey Wolf, Inc. (AMEX: GW): Stock price is 1% higher than last year.
-
Helmerich & Payne, Inc. (NYSE: HP): Stock price is 5% lower than last year.
Top-rated electronic equipment companies:
-
Koninklijke Philips Electronics NV (ADR) (NYSE: PHG): Stock price is 43% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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