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11 Penny Stocks Under $3

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Penny Stock to Buy #8 – SPAR Group Inc. (SGRP)

SPAR Group Inc. (NASDAQ: SGRP) Diversified international merchandising and marketing services company SPAR Group Inc. (NASDAQ: SGRP) provides merchandising and other marketing services to manufacturers, distributors and retailers worldwide. Based in New York, the company works with companies in 11 countries.

Since the start of 2011, SGRP stock is up an impressive 43%, compared to smaller gains by the broader markets. In its last income statement, SPAR Group posted an astounding quarterly earnings growth of 603%, year-over-year, easily the best on this list. The penny stock also reported quarterly revenue growth of 25%, year-over-year.

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