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

Martha Stewart Living Omnimedia (NYSE:MSO)

$3.88

Media

2 Stars

185 of 298

Intuitive Surgical (NASDAQ:ISRG)

$130.00

Healthcare Equipment and Supplies

4 Stars

3204 of 3382

Daktronics (NASDAQ:DAKT)

$7.11

Electronic Equipment, Instruments and Components

5 Stars

393 of 423

Source: Motley Fool CAPS, as of Nov. 17, 2008.

Top-rated media companies:

  • Getty Images (NYSE:GYI): Stock price is 9% higher than last year.
  • Marvel Entertainment (NYSE:MVL): Stock price is 2% lower than last year.

Top-rated health-care equipment and supplies companies:

  • CryoLife (NYSE:CRY): Stock price is 52% higher than last year.
  • ATS Medical (NASDAQ:ATSI): Stock price is 36% higher than last year.

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