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. |
$10.07 |
Food & Beverage |
** |
53 of 68 |
American Electric Power Company, Inc. |
$38.12 |
Utilities |
**** |
252 of 265 |
The Geo Group, Inc. |
$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
PepsiCo, Inc.
Five-Star Utility Companies
Public Service Enterprise Group, Inc.
TransCanada Corp
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