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 two such stocks:
| Company |
Today’s Intraday Price |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Sun Hydraulics Corp |
$15.80 |
Industrial Equipment & Components |
|
1314 of 1329 |
|
Tenet Healthcare Corp |
$2.43 |
Hospitals |
|
198 of 257 |
Source: Motley Fool CAPS, as of Nov. 5, 2008.
Top-rated industrial equipment & components companies:
-
American Science & Engineering, Inc.
(NASDAQ:ASEI) : Stock price is 29% higher than last year. -
Watts Water Technologies, Inc.
(NYSE:WTS) : Stock price is 2% lower than last year.
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