2 Stocks Hitting Low Notes
By
Motley Fool Staff
January 2, 2009
|
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
|
|
PROSHARES (NYSE: SH)
|
$70.50
|
Fund Manager |
|
226 of 367
|
|
Dow Chemical (NYSE: DOW)
|
$15.27
|
Chemicals
|
|
1,728 of 1,826
|
Source: Motley Fool CAPS, as of Jan. 2, 2009.
Top-Rated Chemical Companies:
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Sociedad Quimica y Minera (ADR) (NYSE: SQM): Stock price is 48% higher than last year.
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Balchem (Nasdaq: BCPC): Stock price is 17% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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