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

The Cheesecake Factory, Inc. (NASDAQ:CAKE)

$9.45

Restaurants

2 Stars

494 of 622

Berkshire Hathaway, Inc. (NYSE:BRK-A)

$109,050.00

Property & Casualty Insurance

5 Stars

2434 of 2499

Hecla Mining Company (NYSE:HL)

$2.88

Silver

3 Stars

599 of 624

Source: Motley Fool CAPS, as of Oct. 16, 2008

Top-Rated restaurants companies:

  • McDonald's Corp (NYSE:MCD): Stock price is 2% lower than last year.
  • Nathan's Famous, Inc. (NASDAQ:NATH): Stock price is 18% lower than last year.

Top-Rated property & casualty insurance companies:

  • Quanta Capital Holdings Ltd. (NASDAQ:QNTA): Stock price is 124% higher than last year.
  • Darwin Professional Underwriters, Inc. (NYSE:DR): Stock price is 33% higher than last year.

Join us on CAPS to learn more about these and countless other interesting stock ideas.