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 120,000-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 |
|---|---|---|---|---|
|
Gannett Co., Inc. (NYSE:GCI) |
$9.53 |
Publishing - Newspapers |
|
185 of 265 |
|
Eaton Corp (NYSE:ETN) |
$38.54 |
Industrial Electrical Equipment |
|
512 of 524 |
|
Rackable Systems, Inc. (NASDAQ:RACK) |
$6.82 |
Diversified Computer Systems |
|
226 of 250 |
Source: Motley Fool CAPS, as of Oct. 22, 2008.
Top-rated industrial electrical equipment companies:
- AZZ, Inc. (NYSE:AZZ): Stock price is 4% lower than last year.
- Woodward Governor Company (NASDAQ:WGOV): Stock price is 7% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
