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 135,000-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 |
|---|---|---|---|---|
|
UltraShort QQQ ProShares (ETF) (NYSE:QID) |
$31.84 | Capital Markets |
|
726 of 1076 |
|
UltraShort Russell2000 Value ProShares (NYSE:SJH) |
$43.83 |
Capital Markets |
|
162 of 286 |
Source: Motley Fool CAPS, as of June 5, 2009.
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