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 |
Research |
|---|---|---|---|---|---|
|
Healthways (NASDAQ:HWAY) |
$26.27 |
Health services |
***** |
394 of 407 | |
|
AU Optronics (NYSE:AUO) |
$13.11 |
Computer hardware |
***** |
408 of 424 | |
|
SanDisk (NASDAQ:SNDK) |
$16.74 |
Electronics |
**** |
1507 of 1611 |
Source: Motley Fool CAPS, as of July 10, 2008.
Other five-star health services companies:
- Hologic (NASDAQ:HOLX) -- stock is 20.8% cheaper than last year.
- St. Jude Medical (NYSE:STJ) -- stock price is 0.5% cheaper than last year.
Other five-star computer hardware companies:
- Xyratex (NASDAQ:XRTX) -- stock price is 32.8% cheaper than last year.
- Logitech International SA (USA) (NASDAQ:LOGI) -- stock price is 11.7% cheaper than last year.
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