A Great Buying Opportunity
in Low-Priced Stocks
Last December I wrote about the Top 5
Penny Stocks to Buy Now. At the time, I suggested that readers could enhance returns by speculating on stocks with market
caps of less than $500 million. By taking a chance on these beaten-down stocks, investors could reap a huge reward.
And now six months later, we can see how true that statement really was. Four of the five stocks have generated positive returns,
with three of the four up more than 50%. Only one stock is down, posting a small loss of just 6%.
Those are fantastic returns and are even more remarkable considering that they have been generated during a time when the market
has fluctuated greatly.
The market meltdown has created a great buying opportunity in low-priced stocks. Keep in mind that I’m not talking about non-listed
pink sheet garbage. These are real companies with some on the list with market caps of more than $250 million.
Here is an update on my top five penny stocks…
5 Penny Stocks to Buy Now
Article printed from InvestorPlace Media, http://investorplace.com/2009/05/top-penny-stocks-update/.
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