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

Expedia, Inc. (NASDAQ:EXPE)

$9.41

Internet Information Providers

2 Stars

223 of 267

Bare Escentuals, Inc. (NASDAQ:BARE)

$4.83

Personal Products

3 Stars

364 of 394

Morningstar, Inc. (NASDAQ:MORN)

$36.40

Asset Management

5 Stars

881 of 905

Source: Motley Fool CAPS, as of Oct. 31, 2008.

Top-rated internet information providers companies:

  • NetEase.com, Inc. (ADR) (NASDAQ:NTES): Stock price is 2% higher than last year.
  • The Knot, Inc. (NASDAQ:KNOT): Stock price is 64% lower than last year.

Top-rated personal products companies:

  • The Procter & Gamble Company (NYSE:PG): Stock price is 3% lower than last year.
  • Kimberly-Clark Corp (NYSE:KMB): Stock price is 7% lower than last year.

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