Given the stock market’s performance lately, adding penny stocks to buy (i.e. stocks trading for under $5 per share) to your portfolio may at first glance sound like not the right move. However, today’s market conditions have created a situation where there are many great penny stocks to buy. “Great” in two ways. First, “great” in terms of their fundamentals/prospects.…
The definition varies with countries but in the U.S., a penny stock is one which is trading under $5 and is often referred to as a micro-cap. A micro-cap is a company whose market capitalization is between $50 million and $300 million. These stocks trade mostly over the counter, rather than on main U.S. exchanges. But there are exceptions. You…
Despite their notorious volatility and higher-than-average investment risk, penny stocks can energize a portfolio’s returns profile for investors seeking aggressive growth opportunities. Investors looking for some interesting low-priced stocks to buy may wish to check out some penny stocks to buy for the remainder of 2022. Returns on these investments can be phenomenal, quick and yet very risky. Due to…
Penny stocks may be notorious for their extreme volatility and high investment risk; however, several penny stock success stories still encourage aggressive growth-oriented investors to make small capital allocations to the speculative investments due to their potential to offer life-changing returns in the shortest times possible – especially if the small companies finally start making sustainable profits. Here is a…
It isn’t difficult to find penny stocks with major upside if you measure upside based on current price and target price. As an example, it’s very easy to find multiple stocks trading for below $1 that have target prices above $10. We can then say that they have 10X potential. In other words, we can call any stock trading below…
If we’re being completely honest, participating in the equities market doesn’t seem so inviting at the present juncture. With the dual threat of rising consumer inflation and the escalation of tensions in eastern Europe, throwing money into the cauldron of mass human emotions doesn’t seem smart. That goes tenfold for participating in penny stocks. As long as you understand the…
Among the key highlights of investing in 2021 was the surge in penny stocks and speculative stocks. Multi-fold returns came at the blink of an eye. However, 2022 is likely to be different. With the potential interest rate hike, there will be relative tightening of liquidity. This does not imply that the markets are positioned for a big correction. As…
The economy continues to go gangbusters, and sector rotation is getting real. This is a great opportunity for penny stocks. Certainly, there are plenty of commentators that are wringing their hands about inflation. But the fact is, the Federal Reserve is clear on the fact that it realizes that inflation may be more than transitory and is ready to act.…
Investors looking for some quick returns can buy these attractive penny stocks The year 2021 will be remembered for price-action among penny stocks and meme stocks. On a relative basis, the penny stock investing euphoria has declined. However, that does not imply absence of good short- to medium-term money-making opportunities. My focus is on penny stocks that are attractive for…
Full disclosure: I hate penny stocks. Most of the time, penny stocks stay penny stocks forever – or end up collapsing to zero. But you know what I hate more than penny stocks? Blanket statements. No two people are the same. No two companies are the same. And no two stocks are the same. Therefore, although I generally dislike penny…