2 Stocks Hitting Low Notes
By
Motley Fool Staff
November 11, 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 two such stocks:
| Company |
Today’s Intraday Price
|
Industry
|
CAPS Rating (out of 5)
|
Fools Saying Outperform
|
|
Nordstrom, Inc. (NYSE: JWN)
|
$13.24
|
Apparel Stores
|
|
414 of 512
|
|
ConAgra Foods, Inc. (NYSE: CAG)
|
$16.24
|
Processed & Packaged Goods
|
|
370 of 425
|
Source: Motley Fool CAPS, as of Nov. 11, 2008.
Top-rated apparel stores companies:
-
The Dress Barn, Inc. (Nasdaq: DBRN): Stock price is 43% lower than last year.
-
American Eagle Outfitters (NYSE: AEO): Stock price is 55% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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