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 two such stocks:
| Company |
Today’s Intraday Price |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Eldorado Gold Corp (USA) |
$3.75 |
Gold |
|
434 of 459 |
|
National Bank of Greece (ADR) |
$5.15 |
Foreign Money Center Banks |
|
524 of 536 |
Source: Motley Fool CAPS, as of Oct. 17, 2008.
Top-rated gold companies:
-
Kinross Gold Corp (USA)
(NYSE:KGC) : Stock price is 34% lower than last year. -
Barrick Gold Corp (USA)
(NYSE:ABX) : Stock price is 41% lower than last year.
Top-rated foreign money center banks companies:
-
Mitsubishi UFJ Financial Group, Inc.(ADR)
(NYSE:MTU) : Stock price is 14% lower than last year. -
Banco Santander Central Hispano SA (ADR)
(NYSE:STD) : Stock price is 34% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
