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 110,000-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 (as signified by four- and five-star ratings) could be a sign that further research is in order.
Here are three such stocks:
|
Today’s Low |
Industry |
CAPS Rating |
Fools Saying Outperform | |
|---|---|---|---|---|
|
Chipotle Mexican Grill, Inc. (NYSE:CMG) |
$67.25 |
Leisure |
*** |
1,680 of 1,924 |
|
Allegheny Technologies, Inc. (NYSE:ATI) |
$46.96 |
Metals and mining |
**** |
919 of 964 |
|
The Corporate Executive Board Company (NASDAQ:EXBD) |
$34.70 |
Diversified services |
**** |
357 of 380 |
Source: Motley Fool CAPS, as of July 24, 2008.
Five-star leisure companies
- Melco PBL Entertainment (Macau) Limited (NASDAQ:MPEL): Stock price is 38.3% cheaper than last year.
- The9 Limited (ADR) (NASDAQ:NCTY): Stock price is 45.3% cheaper than last year.
Five-star metals and mining companies
- Freeport-McMoRan Copper & Gold, Inc. (NYSE:FCX): Stock price is 0.2% cheaper than last year.
- BHP Billiton Limited (ADR) (NYSE:BHP): Stock price is up 6.8% in the past year.
Come and join us on CAPS to learn more about these and countless other interesting stock ideas. Click here to sign up.
