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 (signified by four- and five-star ratings) could indicate that further research is in order.
Here are three such stocks:
Company |
Today’s Low |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
---|---|---|---|---|
AuthenTec |
$8.65 |
Electronics |
***** |
175 of 179 |
Cresud |
$13.00 |
Food and beverage |
***** |
346 of 357 |
Kinetic Concepts |
$35.34 |
Health services |
***** |
313 of 331 |
Source: Motley Fool CAPS, as of July 29, 2008.
Five-star electronics companies:
-
ON Semiconductor
(NASDAQ:ONNN) : Stock price is 17.9% cheaper than last year. -
Lam Research
(NASDAQ:LRCX) : Stock price is 46% cheaper than last year.
Five-star health services companies:
-
Hologic
(NASDAQ:HOLX) : Stock price is 13% cheaper than last year. -
Quest Diagnostics
(NYSE:DGX) : Stock price is 3.4% cheaper than last year.
Join us on CAPS to learn more about these and countless other interesting stock ideas.