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 Intraday Price |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Coeur d'Alene Mines Corp (NYSE:CDE) |
$1.62 |
Silver |
|
1180 of 1239 |
|
Abraxas Petroleum Corp. (NASDAQ:AXAS) |
$2.97 |
Independent Oil and Gas |
|
650 of 671 |
|
Banco Santander Central Hispano SA (ADR) (NYSE:STD) |
$16.04 |
Foreign Money Center Banks |
|
343 of 357 |
Source: Motley Fool CAPS, as of Sept. 5, 2008.
Top-rated silver companies:
- Silver Wheaton Corp. (USA) (NYSE:SLW): Stock price is 22% lower than last year.
- Silver Standard Resources, Inc. (USA) (NASDAQ:SSRI): Stock price is 43% lower than last year.
Top-rated independent oil and gas companies:
- Brigham Exploration Company (NASDAQ:BEXP): Stock price is 121% higher than last year.
- VAALCO Energy, Inc. (NYSE:EGY): Stock price is 88% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
