3 Stocks Hitting Low Notes
By
Motley Fool Staff
October 22, 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 120,000-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
|
|
Gannett Co., Inc. (NYSE: GCI)
|
$9.53
|
Publishing - Newspapers
|
|
185 of 265
|
|
Eaton Corp (NYSE: ETN)
|
$38.54
|
Industrial Electrical Equipment
|
|
512 of 524
|
|
Rackable Systems, Inc. (Nasdaq: RACK)
|
$6.82
|
Diversified Computer Systems
|
|
226 of 250
|
Source: Motley Fool CAPS, as of Oct. 22, 2008.
Top-rated industrial electrical equipment companies:
-
AZZ, Inc. (NYSE: AZZ): Stock price is 4% lower than last year.
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Woodward Governor Company (Nasdaq: WGOV): Stock price is 7% lower than last year.
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