Are you looking for penny stocks to buy right now? You’re not alone, and the latest resurgence in retail trading trends has placed a focus back on meme stocks. Some may call them “Reddit penny stocks,” “stonks,” or give various other titles. Let’s call it what it is and define these as popular penny stocks to buy among mainly retail traders.
These tend to be much higher volatility trades, and many can go on to experience massive gains within hours or even days. There’s usually an underlying theme to look for as well. Whether it’s something as general as biotech penny stocks or bitcoin stocks, or more specifically, low float and short squeeze stocks, retail traders will find ways to take advantage of any momentum in the market.
Today we’ll look at five popular penny stocks gaining traction in the stock market then you can decide if they’re top names for your watch list or if they should be avoided entirely.
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