3 Stocks Hitting Low Notes
By
Dan Dzombak
July 22, 2008
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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 110,000-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 (signaled by four- and five-star ratings) could suggest that these stocks merit further research.
Here are three such stocks:
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Company
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Today’s Low
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Industry
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CAPS Rating
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Fools Saying Outperform
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SanDisk (Nasdaq: SNDK)
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$13.06
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Electronics
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****
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1526 of 1641
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Texas Instruments (NYSE: TXN)
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$23.28
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Electronics
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****
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1149 of 1240
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Vodafone Group (NYSE: VOD)
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$25.50
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Telecommunications
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****
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432 of 469
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Source: Motley Fool CAPS, as of July 22, 2008.
Five-star electronics companies:
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Applied Materials (Nasdaq: AMAT) -- stock price is 17% than a year ago.
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ANADIGICS (Nasdaq: ANAD) -- stock price is 34.9% cheaper than a year ago.
Five-star telecommunications companies:
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Corning (NYSE: GLW) -- stock price is 22.6% cheaper than a year ago.
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Harmonic (Nasdaq: HLIT) -- stock price is up 0.8% over the last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
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