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

Koninklijke Philips Electronics NV (ADR) (NYSE:PHG)

$29.30

Electronic Equipment

5 Stars

337 of 356

Vodafone Group Plc (ADR) (NYSE:VOD)

$23.07

Wireless Communications

4 Stars

464 of 506

Allied Irish Banks, plc. (ADR) (NYSE:AIB)

$21.23

Foreign Money Center Banks

5 Stars

1578 of 1621

Source: Motley Fool CAPS, as of Sept. 15, 2008

Top-rated wireless communications companies:

  • Partner Communications Company Ltd (ADR) (NASDAQ:PTNR): Stock price is 42% higher than last year.
  • Cellcom Israel Ltd. (NYSE:CEL): Stock price is 41% higher than last year.

Join us on CAPS to learn more about these and countless other interesting stock ideas.