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 Price |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Ciena Corp (NASDAQ:CIEN) |
$13.07 |
Communication Equipment |
|
301 of 354 |
|
Sony Corp (ADR) (NYSE:SNE) |
$36.72 |
Electronic Equipment |
|
1015 of 1408 |
|
Terex Corp (NYSE:TEX) |
$37.29 |
Farm & Construction Machinery |
|
1073 of 1093 |
Source: Motley Fool CAPS, as of Sept. 4, 2008.
Top-rated communication equipment companies:
- DIRECTV Group, Inc. (NASDAQ:DTV): Stock price is 17% higher than last year.
- Radyne Corp (NASDAQ:RADN): Stock price is 6% higher than last year.
Top-rated electronic equipment companies:
- Koninklijke Philips Electronics NV (ADR) (NYSE:PHG): Stock price is 18% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
