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 three such stocks:
| Company | 
 Today’s Intraday Price  | 
 Industry  | 
 CAPS Rating (out of 5)  | 
 Fools Saying Outperform  | 
|---|---|---|---|---|
| 
 The Hershey Company (NYSE:HSY)  | 
 $30.45  | 
 Food Products  | 
 | 
 411 of 517  | 
| 
 Axsys Technologies, Inc. (NASDAQ:AXYS)  | 
 $28.07  | 
 Aerospace and Defense  | 
 | 
 690 of 712  | 
| 
 Republic Services, Inc. (NYSE:RSG)  | 
 $15.87  | 
 Commercial Services and Supplies  | 
 | 
 269 of 279  | 
Source: Motley Fool CAPS, as of March 10, 2009.
Top-rated food products companies:
- General Mills, Inc. (NYSE:GIS): Stock price is 8% lower than last year.
 - Flowers Foods, Inc. (NYSE:FLO): Stock price is 9% lower than last year.
 
Top-rated aerospace and defense companies:
- American Science & Engineering, Inc. (NASDAQ:ASEI): Stock price is 15% higher than last year.
 - Elbit Systems Ltd. (ADR) (NASDAQ:ESLT): Stock price is 15% lower than last year.
 
Join us on CAPS to learn more about these and countless other interesting stock ideas.