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

Tenet Healthcare Corp (NYSE:THC)

$2.67

Hospitals

2 Stars

198 of 261

Herbalife Ltd. (NYSE:HLF)

$19.00

Drugs Wholesale

1 Stars

220 of 335

FCStone Group, Inc. (NASDAQ:FCSX)

$3.25

Investment Brokerage - National

3 Stars

244 of 263

Source: Motley Fool CAPS, as of Nov. 4, 2008.

Top-rated drugs wholesale companies:

  • Grupo Casa Saba, S.A. (ADR) (NYSE:SAB): Stock price is 35% lower than last year.
  • Cardinal Health, Inc. (NYSE:CAH): Stock price is 36% lower than last year.

Join us on CAPS to learn more about these and countless other interesting stock ideas.