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

CB Richard Ellis Group, Inc. (NYSE:CBG)

$3.12

Real Estate Management and Development

2 Stars

237 of 274

iPath S&P GSCI Crude Oil Total Return Index ETN (NYSE:OIL)

$27.66

Index

2 Stars

295 of 362

Excel Maritime Carriers Ltd (NYSE:EXM)

$3.71

Marine

4 Stars

1528 of 1593

Source: Motley Fool CAPS, as of Dec. 2, 2008.

Top-rated real estate management and development companies:

  • Jones Lang LaSalle, Inc. (NYSE:JLL): Stock price is 75% lower than last year.

Top-Rated index companies:

  • CurrencyShares Japanese Yen Trust (NYSE:FXY): Stock price is 18% higher than last year.

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