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 |
|---|---|---|---|---|
|
Rowan Companies, Inc. |
$21.81 |
Oil & Gas Drilling & Exploration |
|
581 of 596 |
|
Sony Corp (ADR) |
$25.96 |
Electronic Equipment |
|
1029 of 1426 |
|
GrafTech International Ltd. |
$9.86 |
Industrial Electrical Equipment |
|
611 of 622 |
Source: Motley Fool CAPS, as of Oct. 6, 2008.
Top-rated oil & gas drilling & exploration companies:
-
Grey Wolf, Inc.
(AMEX:GW) : Stock price is 1% higher than last year. -
Helmerich & Payne, Inc.
(NYSE:HP) : Stock price is 5% lower than last year.
Top-rated electronic equipment companies:
-
Koninklijke Philips Electronics NV (ADR)
(NYSE:PHG) : Stock price is 43% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
