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 |
|---|---|---|---|---|
|
Marathon Oil Corp (NYSE:MRO) |
$41.10 |
Oil & Gas Refining & Marketing |
|
1101 of 1156 |
|
Lundin Mining Corp (USA) (AMEX:LMC) |
$3.42 |
Industrial Metals & Minerals |
|
962 of 993 |
|
Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) |
$6.61 |
Diversified Electronics |
|
652 of 663 |
Source: Motley Fool CAPS, as of Sept. 9, 2008.
Top-rated oil & gas refining & marketing companies:
- Petroleum Development Corp (NASDAQ:PETD): Stock price is 41% higher than last year.
- BP Prudhoe Bay Royalty Trust (NYSE:BPT): Stock price is 34% higher than last year.
Top-rated industrial metals & minerals companies:
- International Coal Group, Inc. (NYSE:ICO): Stock price is 71% higher than last year.
- Alliance Resource Partners, L.P. (NASDAQ:ARLP): Stock price is 15% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
