The recent hotter-than-expected inflation report probably means you’re going to hear “higher for longer” from the Fed this year, at least until inflation starts to cool down more meaningfully. This isn’t good news for penny stocks.
Most penny stocks remain depressed so far in 2025. But this is also a good opportunity to buy into them, especially those that aren’t going through a cycle of dilution and reverse stock splits. Some of these penny stocks have solid future potential and are in high-growth industries with a massive runway for growth. Such penny stocks could deliver multibagger returns, and we’ll be looking into three such stocks in this article.
This post originally appeared at Money Morning.