3 Stocks Hitting Low Notes

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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 three such stocks:

Company	Today’s Intraday Price	Industry	CAPS Rating (out of 5)	Fools Saying Outperform
Baker Hughes, Inc. (NYSE: BHI)	$26.69	Energy Equipment and Services		998 of 1033
United States Natural Gas Fund, LP (NYSE: UNG)	$25.10	Fund		484 of 504
Permian Basin Royalty Trust (NYSE: PBT)	$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.