Penny stocks were starting to get hot at the end of last year, but the Russell 2000 Index slipped into correction territory two weeks ago and you’ll likely have to wait more for the momentum to pick back up. However, I see this as an opportunity since many with solid underlying businesses are now trading at a discount.
I think it’s worth looking into some under-the-radar opportunities in the market that could deliver multibagger gains in a short amount of time.
Do note that no one can guarantee whether or not any of these stocks can truly deliver 10X gains by 2030. But there is a chance and it is up to you to decide whether or not that’s worth pursuing.
This post originally appeared at Money Morning.