3 Stocks Hitting Low Notes
By Motley Fool Staff
October 9, 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
|
|
Provident Energy Trust (USA) (NYSE: PVX)
|
$6.02
|
Diversified Investments
|
|
437 of 458
|
|
Graco, Inc. (NYSE: GGG)
|
$28.88
|
Diversified Machinery
|
|
317 of 326
|
|
The Dow Chemical Company (NYSE: DOW)
|
$27.91
|
Chemicals - Major Diversified
|
|
1222 of 1296
|
Source: Motley Fool CAPS, as of Oct. 9, 2008
Top-rated diversified investments companies:
-
Permian Basin Royalty Trust (NYSE: PBT): Stock price is 42% higher than last year.
-
Sabine Royalty Trust (NYSE: SBR): Stock price is 6% higher than last year.
Top-rated diversified machinery companies:
-
The Gorman-Rupp Company (AMEX: GRC): Stock price is 13% lower than last year.
-
Peerless Manufacturing Co. (Nasdaq: PMFG): Stock price is 14% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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