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 yesterday. The community's approval (signified by four- and five-star ratings) could indicate that further research is in order.

Here are three such stocks:


Yesterday's Adjusted Close


CAPS Rating (out of 5)

Fools Saying Outperform

China Mobile Ltd. (ADR) (NYSE:CHL)


Wireless Communications

4 Stars

2868 of 2963

Northgate Minerals Corp (USA) (AMEX:NXG)



4 Stars

1414 of 1465

Novo Nordisk A/S (ADR) (NYSE:NVO)


Drug Manufacturers - Other

5 Stars

310 of 318

Source: Motley Fool CAPS, as of Sept. 2, 2008.

Top-rated wireless communications companies:

  • Cellcom Israel Ltd. (NYSE:CEL): Stock price is 46% higher than last year.
  • Partner Communications Company Ltd (ADR) (NASDAQ:PTNR): Stock price is 45% higher than last year.

Top-rated gold companies:

  • Rio Tinto plc (ADR) (NYSE:RTP): Stock price is 45% higher than last year.
  • Kinross Gold Corp (USA) (NYSE:KGC): Stock price is 40% higher than last year.

Join us on CAPS to learn more about these and countless other interesting stock ideas.

Disclosure is important to us here at The Motley Fool. The stocks mentioned in this article received their CAPS ratings from participants in The Motley Fool's CAPS service and have hit 52-week lows during today's trading. No individual person selected the stocks in this article, so there is no author to disclose an interest in them. Annual performance is measured over a 365-day period. Since this article was automatically generated by identifying the stocks rated by the CAPS community and by buyers in today’s market, it is possible that Motley Fool personnel (and even The Motley Fool itself, through our Million Dollar Portfolio), have positions in these stocks. We thought you'd like to know that. You can learn more about The Motley Fool’s disclosure policy here.