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 140,000-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 |
|---|---|---|---|---|
|
UltraShort FTSE/Xinhua China 25 ProShares (NYSE:FXP) |
$7.54 |
Dedicated Short Bias Funds |
|
397 of 541 |
|
Myriad Genetics, Inc. (NASDAQ:MYGN) |
$22.98 |
Biotechnology |
|
410 of 438 |
|
Apollo Group, Inc. (NASDAQ:APOL) |
$55.15 |
Diversified Consumer Services |
|
662 of 788 |
Source: Motley Fool CAPS, as of November 9, 2009
Top-rated dedicated short bias funds companies:
- ProShares UltraShort Lehman 20+Year Treasury (NYSE:TBT): Stock price is 23% lower than last year.
Top-rated biotechnology companies:
- ImmunoGen, Inc. (NASDAQ:IMGN): Stock price is 92% higher than last year.
- 3SBio, Inc. (ADR) (NASDAQ:SSRX): Stock price is 90% higher than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.
