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 |
|---|---|---|---|---|
|
Nordstrom, Inc. (NYSE:JWN) |
$13.24 |
Apparel Stores |
|
414 of 512 |
|
ConAgra Foods, Inc. (NYSE:CAG) |
$16.24 |
Processed & Packaged Goods |
|
370 of 425 |
Source: Motley Fool CAPS, as of Nov. 11, 2008.
Top-rated apparel stores companies:
- The Dress Barn, Inc. (NASDAQ:DBRN): Stock price is 43% lower than last year.
- American Eagle Outfitters (NYSE:AEO): Stock price is 55% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
