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 |
|---|---|---|---|---|
|
AZZ (NYSE:AZZ) |
$24.26 |
Industrial Electrical Equipment |
|
478 of 499 |
|
Arch Coal (NYSE:ACI) |
$16.33 |
Industrial Metals & Minerals |
|
1079 of 1119 |
|
Himax Technologies (NASDAQ:HIMX) |
$1.71 |
Semiconductor - Specialized |
|
655 of 674 |
Source: Motley Fool CAPS, as of Oct. 28, 2008.
Top-rated industrial electrical equipment companies:
- Woodward Governor (NASDAQ:WGOV): Stock price is -16% lower than last year.
- Ametek (NYSE:AME): Stock price is -40% lower than last year.
Top-rated industrial metals & minerals companies:
- Alliance Resource Partners (NASDAQ:ARLP): Stock price is -23% lower than last year.
- International Coal Group (NYSE:ICO): Stock price is -44% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.