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 115,000-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 |
|---|---|---|---|---|
|
iShares MSCI Japan Index (ETF) |
$11.20 |
Closed-End Fund -- Equity |
|
345 of 369 |
|
Banco Bilbao Vizcaya Argentaria SA (ADR) |
$16.46 |
Foreign Regional Banks |
|
176 of 186 |
|
Chindex International |
$11.29 |
Medical Equipment Wholesale |
|
172 of 185 |
Source: Motley Fool CAPS, as of Aug. 19, 2008.
Other foreign regional banks:
-
Banco Bradesco S.A. (ADR)
(NYSE:BBD) : Stock price is 20% higher than last year. -
Bancolombia S.A. (ADR)
(NYSE:CIB) : Stock price is 8% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
