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

Saks, Inc. (NYSE:SKS)

$2.46

Multiline Retail

1 Stars

182 of 269

Anthracite Capital, Inc. (NYSE:AHR)

$1.62

Real Estate Investment Trusts (REITs)

3 Stars

305 of 319

Logitech International SA (USA) (NASDAQ:LOGI)

$10.83

Computers and Peripherals

4 Stars

703 of 727

Source: Motley Fool CAPS, as of Jan. 22, 2009.

Top-rated multiline retail companies:

  • Family Dollar Stores, Inc. (NYSE:FDO): Stock price is 42% higher than last year.

Top-rated real estate investment trust (REIT) companies:

  • Health Care REIT, Inc. (NYSE:HCN): Stock price is (7%) lower than last year.
  • Omega Healthcare Investors, Inc. (NYSE:OHI): Stock price is (8%) lower than last year.

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