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 |
|---|---|---|---|---|
|
Energy Conversion Devices, Inc. (NASDAQ:ENER) |
$13.80 |
Electrical Equipment |
|
975 of 1053 |
|
Apollo Investment Corp. (NASDAQ:AINV) |
$2.10 |
Capital Markets |
|
927 of 961 |
Source: Motley Fool CAPS, as of March 17, 2009
Top-Rated electrical equipment companies:
- Preformed Line Products Company (NASDAQ:PLPC): Stock price is -11% lower than last year.
- REGAL-BELOIT Corp (NYSE:RBC): Stock price is -17% lower than last year.
Top-Rated capital markets companies:
- Vanguard Health Care ETF (NYSE:VHT): Stock price is -20% lower than last year.
- Central Fund of Canada Limited (USA) (AMEX:CEF): Stock price is -22% lower than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
