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 130,000-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 two such stocks:

Company

Today’s Intraday Price

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

Herbalife Ltd. (NYSE:HLF)

$12.33

Personal Products

1 Stars

249 of 363

Forest Oil Corp (NYSE:FST)

$10.57

Oil, Gas and Consumable Fuels

4 Stars

298 of 309

Source: Motley Fool CAPS, as of March 9, 2009.

Top-rated personal products companies:

  • American Oriental Bioengineering (NYSE:AOB): Stock price is 59% lower than last year.
  • Inter Parfums, Inc. (NASDAQ:IPAR): Stock price is 64% lower than last year.

Top-rated paper and forest products companies:

  • Votorantim Celulose e Papel S.A (ADR) (NYSE:VCP): Stock price is 88% lower than last year.

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