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 110,000-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 |
|---|---|---|---|---|
|
Amphenol Corp |
$23.81 |
Diversified Electronics |
|
258 of 265 |
|
Royal Gold, Inc. |
$24.57 |
Gold |
|
239 of 268 |
|
Drew Industries, Inc. |
$10.43 |
General Building Materials |
|
432 of 471 |
Source: Motley Fool CAPS, as of Oct. 23, 2008.
Top-Rated diversified electronics companies:
-
Dolby Laboratories, Inc.
(NYSE:DLB) : Stock price is 28% lower than last year. -
Kyocera Corp (ADR)
(NYSE:KYO) : Stock price is 31% lower than last year.
Top-Rated gold companies:
-
Newmont Mining Corp
(NYSE:NEM) : Stock price is 49% lower than last year. -
Kinross Gold Corp (USA)
(NYSE:KGC) : Stock price is 54% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
