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 |
|---|---|---|---|---|
|
Toyota Motor Corp (ADR) |
$56.25 |
Automobiles |
|
2976 of 3181 |
|
Siliconware Precision Industries (ADR) |
$3.25 |
Semiconductors and Semiconductor Equipment |
|
562 of 579 |
|
Continental Resources, Inc. |
$12.67 |
Oil, Gas and Consumable Fuels |
|
577 of 602 |
Source: Motley Fool CAPS, as of Dec. 5, 2008.
Top-rated automobile companies:
-
Honda Motor Co., Ltd. (ADR)
(NYSE:HMC) : Stock price is 49% lower than last year. - Toyota Motor Corp (OTC BB: TOYOF): Stock price is 50% lower than last year.
Top-rated semiconductors and semiconductor equipment companies:
-
Eagle Test Systems, Inc.
(NASDAQ:EGLT) : Stock price is 38% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
