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 two such stocks:
| Company |
Today’s Intraday Price |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
Hartford Financial Services (NYSE:HIG) |
$9.63 |
Property & Casualty Insurance |
|
285 of 355 |
|
Frontier Communications (NYSE:FTR) |
$7.07 |
Telecom Services - Domestic |
|
433 of 464 |
Source: Motley Fool CAPS, as of Oct. 30, 2008.
Top-rated property & casualty insurance companies:
- Quanta Capital Holdings (NASDAQ:QNTA): Stock price is 124% higher than last year.
- Darwin Professional Underwriters (NYSE:DR): Stock price is 45% higher than last year.
Top-Rated telecom services - domestic companies:
- Chunghwa Telecom (ADR) (NYSE:CHT): Stock price is -19% lower than last year.
- Verizon Communications (NYSE:VZ): Stock price is -30% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
