Big Things in Little Packages
The market has taken quite a beating since its April 29 high, and this has dragged the good down with the bad. Volatile penny stocks are especially susceptible to this kind of sell-off. However, they also have the potential to rebound fast and furiously when the market turns back around.
Now, when we say “penny stocks,” we’re not talking about micro-cap pink sheet or OTC stocks that cost only a few cents per share. Yes, those are true penny stocks, but they are much too risky to make good investments. Rather, the penny stocks we recommend are a little bigger (read: safer), yet all the names on this list still trade for less than $3 per share. However, they still have the ability to deliver spectacular gains when the market turns around.
Here are 11 penny stocks to buy: