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 (out of 5) |
Fools Saying Outperform | |
|---|---|---|---|---|
|
Reddy Ice Holdings, Inc. (NYSE:FRZ) |
$10.07 |
Food & Beverage |
** |
53 of 68 |
|
American Electric Power Company, Inc. (NYSE:AEP) |
$38.12 |
Utilities |
**** |
252 of 265 |
|
The Geo Group, Inc. (NYSE:GEO) |
$18.47 |
Diversified Services |
*** |
104 of 111 |
Source: Motley Fool CAPS, as of Aug. 7, 2008.
Five-Star Food & Beverage Companies
Molson Coors Brewing Company (NYSE:TAP) -- up 10.3% in the past year.
PepsiCo, Inc. (NYSE:PEP) -- up 2.3% in the past year.
Five-Star Utility Companies
Public Service Enterprise Group, Inc. (NYSE:PEG) -- stock price is 4.4% cheaper than a year ago.
TransCanada Corp (NYSE:TRP) -- up 10.7% in the past year.
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