By
Motley Fool Staff
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More Articles
November 11, 2008
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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
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Industry
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CAPS Rating (out of 5)
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Fools Saying Outperform
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Nordstrom, Inc. (NYSE: JWN )
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$13.24
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Apparel Stores
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414 of 512
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ConAgra Foods, Inc. (NYSE: CAG )
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$16.24
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Processed & Packaged Goods
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370 of 425
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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.