Penny stocks are incredibly dangerous investments that can burn new and seasoned investors alike. InvestorPlace’s best micro-cap analysts recommend buying penny stocks, or cheap stocks, only with the strictest of warnings. But while pink sheet stocks can be halved in the blink of an eye, they can also double much quicker than large-cap stocks.
These penny stocks are company names that won’t break the bank, and boast colossal growth prospects for the 12 months ahead.
XPresSpa is having an identity crisis that is impacting its stock price. Investors should avoid this penny stock until the company figures out a sustainable long-term business plan and decides if it will run airport spas or disease testing and vaccination centers going forward. Until then, buying shares of XSPA is too risky and speculative.
Investors looking for penny stocks to buy need to be cautious, as the group is usually dangerous. But these 7 names look attractive.
ElectraMeccanica Vehicles currently has minimal revenue, which makes SOLO stock a risky proposition for investors to make.
Recent news helps the odds for OCGN stock, but speculators have gotten carried away. Don't waste your time (or risk your capital) with this.
UAVS stock isn't for your lunch money, but a potential Amazon partnership could send this drone stock to the moon.
As we head further into August, a handful of penny stocks look like good opportunities. That said, here's seven penny stocks to buy.
Ayro has a cool concept with its short-range electric vehicles. But don't buy AYRO stock until sufficient customer demand is proven.
There's promise in IBIO stock but potential investors need to study the biotech company carefully before placing their bets.
With the stock market soaring, investors are looking for remaining bargain stocks. However these 7 penny stocks are not worth the hassle.
ElectraMeccanica will soon launch the $18,500 Solo electric micro car, and anticipation is driving up SOLO stock.
Ocugen just doesn't have the qualities that make it attractive to me. Particularly under a buck, OCGN stock is one to avoid.
In February, I recommended Bloom Energy over FuelCell Energy. Six months later, I still have my doubts about FCEL stock.
Penny stocks will always be risky. That said, with the huge disconnect we’re seeing in the markets, now may be a time to gamble.
These seven penny stocks have the right catalysts, business models, and tailwinds. Read about why the risk is worth it.
CPE stock is an interesting, high-risk penny stock that offers investors a highly levered play on the oil market.
Many oil and gas stocks trading for a dollar are heading for imminent bankruptcy. Callon, by contrast, appears to have a fighting chance at survival.
Genuis Brands might be in a growth-oriented niche, but that doesn't mean that GNUS stock isn't a proverbial falling knife.
The valuation metrics might look pretty good when it comes to CPE stock, but a looming threat makes investing an unfavorable proposition.
Penny stocks by nature are risky. These 10 stocks have even higher-than-usual risks, which makes them dangerous for most investors.