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 |
|---|---|---|---|---|
|
Forest Oil Corp |
$19.16 |
Independent Oil & Gas |
|
298 of 307 |
|
Abercrombie & Fitch Co. |
$20.75 |
Apparel Stores |
|
798 of 963 |
|
Ambassadors Group, Inc. |
$8.01 |
Education & Training Services |
|
411 of 426 |
Source: Motley Fool CAPS, as of Nov. 13, 2008.
Top-rated independent oil & gas companies:
-
Apco Argentina, Inc.
(NASDAQ:APAGF) : Stock price is 2% higher than last year. -
Contango Oil & Gas Company
(AMEX:MCF) : Stock price is 2% lower than last year.
Top-rated apparel stores companies:
-
The Dress Barn, Inc.
(NASDAQ:DBRN) : Stock price is 50% lower than last year. -
American Eagle Outfitters
(NYSE:AEO) : Stock price is 60% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
