2 Stocks Hitting Low Notes
By
Motley Fool Staff
March 23, 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 130,000-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 two such stocks:
| Company |
Today’s Intraday Price
|
Industry
|
CAPS Rating (out of 5)
|
Fools Saying Outperform
|
|
International Bancshares Corp (Nasdaq: IBOC)
|
$6.87
|
Commercial Banks
|
|
363 of 400
|
|
UltraShort FTSE/Xinhua China 25 ProShares (NYSE: FXP)
|
$27.70
|
Funds |
|
289 of 411
|
Source: Motley Fool CAPS, as of March 23, 2009.
Top-rated commercial banks companies:
-
Umpqua Holdings Corp (Nasdaq: UMPQ): Stock price is 26% lower than last year.
-
Royal Bank of Canada (USA) (NYSE: RY): Stock price is 30% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
Like this article? Get our best articles delivered direct to your inbox at no cost. Sign up for Foolwatch Weekly by entering your email below.