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:
|
Company |
Today’s Low |
Industry |
CAPS Rating |
Fools Saying Outperform |
|---|---|---|---|---|
|
SanDisk (NASDAQ:SNDK) |
$13.06 |
Electronics |
1526 of 1641 | |
|
Texas Instruments (NYSE:TXN) |
$23.28 |
Electronics |
1149 of 1240 | |
|
Vodafone Group (NYSE:VOD) |
$25.50 |
Telecommunications |
432 of 469 |
Source: Motley Fool CAPS, as of July 22, 2008.
Five-star electronics companies:
- Applied Materials (NASDAQ:AMAT) -- stock price is 17% than a year ago.
- ANADIGICS (NASDAQ:ANAD) -- stock price is 34.9% cheaper than a year ago.
Five-star telecommunications companies:
- Corning (NYSE:GLW) -- stock price is 22.6% cheaper than a year ago.
- 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.