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 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:
| Company |
Yesterday's Adjusted Close |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Acergy S.A. (ADR) |
$15.47 |
Oil & Gas Equipment & Services |
|
437 of 455 |
|
Seabridge Gold, Inc. (USA) |
$13.52 |
Gold |
|
314 of 380 |
|
BP plc (ADR) |
$54.01 |
Major Integrated Oil & Gas |
|
1931 of 2049 |
Source: Motley Fool CAPS, as of Sept. 3, 2008.
Top-rated oil & gas equipment & services companies:
-
Boots & Coots Intl. Well, Inc.
(AMEX:WEL) : Stock price is 134% higher than last year. -
Lufkin Industries, Inc.
(NASDAQ:LUFK) : Stock price is 48% higher than last year.
Top-rated gold companies:
-
Rio Tinto plc (ADR)
(NYSE:RTP) : Stock price is 25% higher than last year. -
Kinross Gold Corp (USA)
(NYSE:KGC) : Stock price is 23% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
