3 Stocks Hitting Low Notes
By
Motley Fool Staff
October 27, 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
|
|
Herbalife Ltd. (NYSE: HLF)
|
$20.96
|
Drugs Wholesale
|
|
220 of 338
|
|
ArthroCare Corp (Nasdaq: ARTC)
|
$19.71
|
Medical Appliances & Equipment
|
|
126 of 277
|
|
Canon, Inc. (ADR) (NYSE: CAJ)
|
$24.96
|
Photographic Equipment & Supplies
|
|
434 of 448
|
Source: Motley Fool CAPS, as of Oct. 27, 2008.
Top-rated drugs wholesale companies:
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McKesson Corp (NYSE: MCK): Stock price is 34% lower than last year.
-
Grupo Casa Saba, S.A. (ADR) (NYSE: SAB): Stock price is 40% lower than last year.
Top-rated medical appliances & equipment companies:
-
CryoLife, Inc. (NYSE: CRY): Stock price is 75% higher than last year.
-
ATS Medical, Inc. (Nasdaq: ATSI): Stock price is 21% higher than last year.
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