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 |
|---|---|---|---|---|
|
Penn National Gaming, Inc. |
$20.29 |
Resorts & Casinos |
|
347 of 371 |
|
FARO Technologies, Inc. |
$18.78 |
Scientific & Technical Instruments |
|
417 of 440 |
|
Compton Petroleum Corp (USA) |
$4.30 |
Oil & Gas Drilling & Exploration |
|
286 of 295 |
Source: Motley Fool CAPS, as of Oct. 3, 2008.
Top-rated resorts & casinos company:
-
Melco PBL Entertainment (Macau) Limited
(NASDAQ:MPEL) : Stock price is 81% lower than last year.
Top-rated scientific & technical instruments companies:
-
Axsys Technologies, Inc.
(NASDAQ:AXYS) : Stock price is 86% higher than last year. -
Bruker BioSciences Corp
(NASDAQ:BRKR) : Stock price is 48% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
