3 Stocks Hitting Low Notes

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 (signaled by four- and five-star ratings) could suggest that these stocks merit further research.

Here are three such stocks:

Company	Today’s Low	Industry	CAPS Rating	Fools Saying Outperform
SanDisk (Nasdaq: SNDK)	$13.06	Electronics	****	1526 of 1641
Texas Instruments (NYSE: TXN)	$23.28	Electronics	****	1149 of 1240
Vodafone Group (NYSE: VOD)	$25.50	Telecommunications	****	432 of 469

Source: Motley Fool CAPS, as of July 22, 2008.

Five-star electronics companies:

• Applied Materials (Nasdaq: AMAT) -- stock price is 17% than a year ago.
• ANADIGICS (Nasdaq: ANAD) -- stock price is 34.9% cheaper than a year ago.

Five-star telecommunications companies:

• Corning (NYSE: GLW) -- stock price is 22.6% cheaper than a year ago.
• Harmonic (Nasdaq: HLIT) -- stock price is up 0.8% over the last year.

Copyright © 2008 Universal Press Syndicate.