CAPS Screen: 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 (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	Fools Saying Outperform
Chipotle Mexican Grill, Inc. (NYSE: CMG)	$67.25	Leisure	***	1,680 of 1,924
Allegheny Technologies, Inc. (NYSE: ATI)	$46.96	Metals and mining	****	919 of 964
The Corporate Executive Board Company (Nasdaq: EXBD)	$34.70	Diversified services	****	357 of 380

Source: Motley Fool CAPS, as of July 24, 2008.

Five-star leisure companies

• Melco PBL Entertainment (Macau) Limited (Nasdaq: MPEL): Stock price is 38.3% cheaper than last year.
• The9 Limited (ADR) (Nasdaq: NCTY): Stock price is 45.3% cheaper than last year.

Five-star metals and mining companies

• Freeport-McMoRan Copper & Gold, Inc. (NYSE: FCX): Stock price is 0.2% cheaper than last year.
• BHP Billiton Limited (ADR) (NYSE: BHP): Stock price is up 6.8% in the past year.

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