3 Stocks Hitting Low Notes
By
Motley Fool Staff
September 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 140,000-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
|
|
Raser Technologies, Inc. (NYSE: RZ)
|
$1.76
|
Auto Components
|
|
376 of 708
|
|
Energy Conversion Devices, Inc. (Nasdaq: ENER)
|
$10.33
|
Electrical Equipment
|
|
1119 of 1206
|
|
United States Natural Gas Fund, LP (NYSE: UNG)
|
$9.62
|
Natural Resources Funds
|
|
1240 of 1291
|
Source: Motley Fool CAPS, as of September 2, 2009
Top-rated auto components companies:
-
China Automotive Systems, Inc. (Nasdaq: CAAS): Stock price is 36% higher than last year.
-
Drew Industries, Inc. (NYSE: DW): Stock price is 22% higher than last year.
Top-rated electrical equipment companies:
-
Encore Wire Corp (Nasdaq: WIRE): Stock price is 27% higher than last year.
-
Madeco S.A. (ADR) (NYSE: MAD): Stock price is 8% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
“The Next Great Investment”… That’s how a top global investor describes India’s potential. On Nov. 28, The Motley Fool’s Tim Hanson returns to India to prove it. Follow along in real time and get his TOP pick first (Hanson returned from China in July with a stock that’s up 169%!). Enter email below.