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 |
|---|---|---|---|---|
|
Baker Hughes, Inc. |
$26.69 |
Energy Equipment and Services |
|
998 of 1033 |
|
United States Natural Gas Fund, LP |
$25.10 |
Fund |
|
484 of 504 |
|
Permian Basin Royalty Trust |
$14.25 |
Oil, Gas and Consumable Fuels |
|
540 of 554 |
Source: Motley Fool CAPS, as of Dec. 4, 2008.
Other top-rated companies:
-
Grey Wolf, Inc.
(AMEX:GW) : Stock price is 10% higher than last year. -
CurrencyShares Japanese Yen Trust
(NYSE:FXY) : Stock price is 20% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
