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 indicate that further research is in order.
Here are three such stocks:
| Company |
Today’s Low |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Internet Initiative Japan, Inc. (ADR) (NASDAQ:IIJI) |
$6.67 |
Internet Service Providers |
|
161 of 165 |
|
iShares MSCI Spain Index (ETF) (NYSE:EWP) |
$49.99 |
Closed-End Fund - Equity |
|
97 of 111 |
|
Northgate Minerals Corp (USA) (AMEX:NXG) |
$1.63 |
Gold |
|
1,401 of 1,450 |
Source: Motley Fool CAPS, as of Aug. 15, 2008.
Other Internet service providers:
- EarthLink, Inc. (NASDAQ:ELNK): Stock price is 37% higher than last year.
- priceline.com, Inc. (NASDAQ:PCLN): Stock price is 38% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
