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 |
|---|---|---|---|---|
|
Oneok Partners LP (NYSE:OKS) |
$50.54 |
Oil & Gas Pipelines |
|
271 of 280 |
|
Companhia de Saneamento Basico (ADR) (NYSE:SBS) |
$30.22 |
Foreign Utilities |
|
937 of 944 |
|
Parker Hannifin Corp (NYSE:PH) |
$52.60 |
Industrial Equipment & Components |
|
447 of 461 |
Source: Motley Fool CAPS, as of Sept. 18, 2008.
Top-rated oil & gas pipelines companies:
- Enbridge, Inc. (USA) (NYSE:ENB): Stock price is 14% higher than last year.
- Clean Energy Fuels Corp. (NASDAQ:CLNE): Stock price is 11% higher than last year.
Top-rated foreign utilities companies:
- CPFL Energia S.A. (ADR) (NYSE:CPL): Stock price is 9% lower than last year.
- Enersis S.A. (ADR) (NYSE:ENI): Stock price is 16% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
