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 125,000-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 |
|---|---|---|---|---|
|
Bank of America Corp (NYSE:BAC) |
$7.22 |
Diversified Financial Services |
|
6445 of 7344 |
|
Zions Bancorporation (NASDAQ:ZION) |
$16.92 |
Commercial Banks |
|
141 of 286 |
|
Rex Energy Corp (NASDAQ:REXX) |
$2.25 |
Oil, Gas and Consumable Fuels |
|
284 of 290 |
Source: Motley Fool CAPS, as of Jan. 16, 2009.
Top-rated diversified financial services companies:
- Portfolio Recovery Associates, Inc. (NASDAQ:PRAA): Stock price is 5% lower than last year.
- PICO Holdings, Inc. (NASDAQ:PICO): Stock price is 19% lower than last year.
Top-rated commercial banks companies:
- Umpqua Holdings Corp (NASDAQ:UMPQ): Stock price is 25% lower than last year.
- Bancolombia S.A. (ADR) (NYSE:CIB): Stock price is 25% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
