Needham: These 3 Penny Stocks Are Poised to Double (Or More)

Penny stocks, they divide the Street like no other. These names trading for less than $5 per share send some investors immediately running for the hills while others just can’t get enough of them. Nevertheless, regardless of their controversial nature, penny stocks certainly have pros and cons. One clear advantage is that the bargain price tags allow investors to get more bang for their buck. Additionally, because the shares are priced so low, even a small gain in value quickly translates to a hefty percentage gain in relation to the trading price. Of course, it’s wise to remember that there …read more

Source:: Yahoo Finance

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