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 |
|---|---|---|---|---|
|
Ascent Solar Technologies, Inc. (NASDAQ:ASTI) |
$6.84 |
Semiconductor - Specialized |
|
423 of 457 |
|
Foster Wheeler Ltd. (NASDAQ:FWLT) |
$38.57 |
Heavy Construction |
|
1267 of 1292 |
|
Allegheny Technologies, Inc. (NYSE:ATI) |
$41.68 |
Industrial Metals & Minerals |
|
976 of 1023 |
Source: Motley Fool CAPS, as of Sept. 8, 2008.
Top-rated semiconductor - specialized company:
- IXYS Corp (NASDAQ:IXYS): Stock price is 11% higher than last year.
Top-rated heavy construction companies:
- Matrix Service Company (NASDAQ:MTRX): Stock price is 22% higher than last year.
- Preformed Line Products Company (NASDAQ:PLPC): Stock price is 15% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
