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 |
|---|---|---|---|---|
|
Ormat Technologies, Inc. (NYSE:ORA) |
$35.27 |
Electric Utilities |
|
332 of 349 |
|
Baker Hughes, Inc. (NYSE:BHI) |
$56.11 |
Oil & Gas Equipment & Services |
|
911 of 947 |
|
BorgWarner, Inc. (NYSE:BWA) |
$30.65 |
Auto Parts |
|
238 of 259 |
Source: Motley Fool CAPS, as of Oct. 1, 2008.
Top-rated electric utilities companies:
- The Southern Company (NYSE:SO): Stock price is 7% higher than last year.
- Dominion Resources, Inc. (NYSE:D): Stock price is 5% higher than last year.
Top-rated oil & gas equipment & services companies:
- W-H Energy Services, Inc. (NYSE:WHQ): Stock price is 47% higher than last year.
- Boots & Coots Intl. Well, Inc. (AMEX:WEL): Stock price is 33% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
