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 (signified by four- and five-star ratings) could be a sign that further research is in order.
Here are three such stocks:
|
Company |
Today’s Low |
Industry |
CAPS Rating |
Fools Saying Outperform |
|---|---|---|---|---|
|
Global Industries (NASDAQ:GLBL) |
$11.51 |
Energy |
***** |
589 of 609 |
|
Electronic Arts (NASDAQ:ERTS) |
$42.47 |
Computer Software & Services |
*** |
1599 of 1771 |
|
Garmin (NASDAQ:GRMN) |
$35.10 |
Electronics |
**** |
4851 of 5128 |
Source: Motley Fool CAPS, as of July 30, 2008.
Other five-star energy companies:
- Chesapeake Energy (NYSE:CHK): Up 40.5% in the past year.
- XTO Energy (NYSE:XTO): Up 6.8% in the past year.
Five-star computer software and services companies:
- Cognizant Technology Solutions (NASDAQ:CTSH): Stock price is 31.8% cheaper than last year.
- Autodesk (NASDAQ:ADSK): Stock price is 24.4% cheaper than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
