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 |
|---|---|---|---|---|
|
|
|
|
|
|
|
3M Company (NYSE:MMM) |
$66.60 |
Conglomerates |
|
3153 of 3254 |
|
Chesapeake Energy Corp (NYSE:CHK) |
$32.26 |
Independent Oil & Gas |
|
5165 of 5300 |
Source: Motley Fool CAPS, as of Sept. 29, 2008.
Top-rated industrial metals & minerals companies:
- International Coal Group, Inc. (NYSE:ICO): Stock price is 28% higher than last year.
- Alliance Resource Partners, L.P. (NASDAQ:ARLP): Stock price is 6% lower than last year.
Top-rated conglomerates companies:
- Thermo Fisher Scientific, Inc. (NYSE:TMO): Stock price is 6% lower than last year.
- Leucadia National Corp. (NYSE:LUK): Stock price is 15% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
