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 three such stocks:

Company

Today’s Intraday Price

Industry

CAPS Rating (out of 5)

Fools Saying Outperform

Energy Conversion Devices (NASDAQ:ENER)

$11.28

Electrical Equipment

4 Stars

1119 of 1202

United States Natural Gas Fund (NYSE:UNG)

$10.63

Natural Resources Funds

4 Stars

1249 of 1298

The9 Limited (NASDAQ:NCTY)

$7.56

Software

3 Stars

936 of 974

Source: Motley Fool CAPS, as of Aug. 31.

Top-rated electrical equipment companies:

  • Encore Wire (NASDAQ:WIRE): Stock price is 26% higher than last year.
  • Madeco S.A. (NYSE:MAD): Stock price is 8% higher than last year.

Top-rated natural resources funds companies:

  • United States 12 Month Oil (NYSE:USL): Stock price is % lower than last year.
  • PowerShares Water Resources (NYSE:PHO): Stock price is -27% lower than last year.

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