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 115,000-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:
| Company |
Today’s Low |
Industry |
CAPS Rating |
Fools Saying Outperform |
|---|---|---|---|---|
|
ONEOK (NYSE:OKE) |
$42.20 |
Utilities |
***** |
271 of 277 |
|
Zoltek Companies (NASDAQ:ZOLT) |
$17.75 |
Industrial |
*** |
638 of 686 |
|
Guangshen Railway (NYSE:GSH) |
$20.75 |
Transportation |
***** |
441 of 456 |
Source: Motley Fool CAPS, as of Aug. 11, 2008.
Other five-star utility companies:
- Duke Energy (NYSE:DUK) -- stock price is 6.8% cheaper than a year ago.
- FPL Group (NYSE:FPL) -- down 0.2% in the past year.
Other five-star transportation companies:
- Burlington Northern Santa Fe (NYSE:BNI) -- up 25.9% in the past year.
- Canadian National Railway (NYSE:CNI) -- down 1% 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.
