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 |
|---|---|---|---|---|
|
Metalico, Inc. (AMEX:MEA) |
$7.27 |
Steel & Iron |
|
1039 of 1064 |
|
Qiao Xing Universal Telephone, Inc. (NASDAQ:XING) |
$3.12 |
Communication Equipment |
|
545 of 577 |
|
Spartan Motors, Inc. (NASDAQ:SPAR) |
$4.01 |
Trucks & Other Vehicles |
|
399 of 420 |
Source: Motley Fool CAPS, as of Sept. 12, 2008.
Top-rated steel & iron companies:
- Northwest Pipe Company (NASDAQ:NWPX): Stock price is 58% higher than last year.
- Olympic Steel, Inc. (NASDAQ:ZEUS): Stock price is 50% higher than last year.
Top-rated communication equipment companies:
- DIRECTV Group, Inc. (NASDAQ:DTV): Stock price is 26% higher than last year.
- Radyne Corp (NASDAQ:RADN): Stock price is 6% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
