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 |
|---|---|---|---|---|
|
Pier 1 Imports, Inc. (NYSE:PIR) |
$1.68 |
Home Furnishing Stores |
|
128 of 377 |
|
Affymetrix, Inc. (NASDAQ:AFFX) |
$4.23 |
Scientific & Technical Instruments |
|
295 of 352 |
|
Lloyds TSB Group plc (ADR) (NYSE:LYG) |
$11.25 |
Foreign Money Center Banks |
|
654 of 690 |
Source: Motley Fool CAPS, as of Oct. 13, 2008.
Top-Rated scientific & technical instruments companies:
- Axsys Technologies, Inc. (NASDAQ:AXYS): Stock price is 93% higher than last year.
- Bruker BioSciences Corp (NASDAQ:BRKR): Stock price is 11% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
