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

Fossil, Inc. (NASDAQ:FOSL)

$11.51

Textiles, Apparel and Luxury Goods

3 Stars

280 of 321

International Paper Company (NYSE:IP)

$9.46

Paper and Forest Products

3 Stars

308 of 351

Huntsman Corp (NYSE:HUN)

$2.68

Chemicals

4 Stars

254 of 279

Source: Motley Fool CAPS, as of Jan. 30, 2009.

Top-rated textiles, apparel and luxury goods companies:

  • Carter's, Inc. (NYSE:CRI): Stock price is 9% lower than last year.
  • Nike, Inc. (NYSE:NKE): Stock price is 24% lower than last year.

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