The Federal Reserve just threw a wet blanket on small-cap stocks in general and penny stocks in particular in announcing that interest rates are not likely to come down soon. It’s a time when “buy the best, forget the rest” is sound advice. But if you have a long-term view, it’s a good time to watch for some penny stocks with upside potential.
When you’re looking for penny stocks with upside potential, the key word is potential. If you have capital set aside for one or more speculative investments, and the time to see them come to fruition, there could be some names worth watching. Let’s examine seven penny stocks that carry bullish analyst sentiment.
This post appeared first on InvestorPlace.