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

Cedar Fair, L.P. (NYSE:FUN)

$8.13

Hotels, Restaurants and Leisure

3 Stars

305 of 364

AGCO Corp (NYSE:AG)

$16.78

Machinery

3 Stars

247 of 273

ING Groep N.V. (ADR) (NYSE:ING)

$5.10

Diversified Financial Services

4 Stars

830 of 878

Source: Motley Fool CAPS, as of Feb. 20, 2009.

Top-rated hotels, restaurants and leisure companies:

  • McDonald's Corp (NYSE:MCD): Stock price is 1% higher than last year.
  • Yum! Brands, Inc. (NYSE:YUM): Stock price is 17% lower than last year.

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