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. |
$67.25 |
Leisure |
*** |
1,680 of 1,924 |
Allegheny Technologies, Inc. |
$46.96 |
Metals and mining |
**** |
919 of 964 |
The Corporate Executive Board Company |
$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.
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