The stock market has new winners - and losers - every day. In some cases, losing companies are suffering from company-specific events, and these are being factored into the stocks' prices by the market. But this is not always the case; sometimes losing stocks are just being brought down by peers that are experiencing problems or feeling the pain of a poor economic outlook. As a result, some losing stocks are ripe for appreciation.

If you look at stocks that have hit 52-week lows, deciding which ones have potential requires an investigation of the economy, the company's industry and any company-specific issues. That said, any stock that hits a fresh 52-week low or one that is below 50% of its 52-week high is worth an initial look. Here we check out six stocks that are hitting rock bottom.

IN PICTURES: 8 Ways To Survive A Market Downturn

Company Industry Market Cap 52-Week Range Current Price
Toyota Motor Corp. (NYSE:TM) Auto Manufacturer 104.11B $61.00-$93.90 $60.39
Royal Bank of Canada (NYSE:RY) Banking 60.09B $41.79-$62.20 $41.78
Walgreen Co. (NYSE:WAG) Drug Stores 28.54B $30.63-$46.33 $32.09
Credit Suisse Group (NYSE:CS) Banking 25.66B $21.71-$46.17 $21.25
Thomson Reuters (NYSE:TRI) Technology 21.56B $25.84-$40.66 $26.06
Panasonic Corporation (NYSE:PC) Electronic Equipment 20.73B $8.47-$14.66 $8.45

These stocks are hitting lows in their 52-week trading ranges. In some cases, this can mean big potential for investors, but it's up to you to analyze these companies' financials and decide whether they are ripe for appreciation or just falling knives. A fresh 52-week low is a good signal to screen potential investments, but it should not be the data on which investment decisions are based. (Value investing may seem fool-proof, but it carries more risk than you might know. To learn more, check out Buy High, Sell Much Higher.)

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