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 |
|---|---|---|---|---|
|
Red Hat, Inc. |
$14.98 |
Application Software |
|
421 of 524 |
|
Cypress Semiconductor Corp |
$5.04 |
Semiconductor - Broad Line |
|
606 of 639 |
|
Safeway, Inc. |
$23.10 |
Grocery Stores |
|
213 of 265 |
Source: Motley Fool CAPS, as of Sept. 30, 2008.
Top-rated application software companies:
-
SXC Health Solutions Corp. (USA)
(NASDAQ:SXCI) : Stock price is 20% higher than last year. -
Intuit, Inc.
(NASDAQ:INTU) : Stock price is 1% lower than last year.
Top-rated semiconductor -- broad line companies:
-
Silicon Image, Inc.
(NASDAQ:SIMG) : Stock price is 5% lower than last year. -
Analog Devices, Inc.
(NYSE:ADI) : Stock price is 28% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
