If you’re looking for penny stocks to buy in August, you’ve got plenty of choices. “Shiney objects” are all over the place. We saw an epic breakout (and breakdown) of AMTD Digital (NYSE:HKD) along with the sympathy sentiment that sparked momentum in hundreds of other penny stocks.
Last week saw another surge thanks to a recent financial services company, Magic Empire Global (NASDAQ:MEGL). What’s driving momentum in the stock market today? A previous name on a list of penny stocks at the end of July was Bed Bath & Beyond (NASDAQ:BBBY).
In light of this and the spirit of the latest surge of interest in cheap stocks, this article looks at a list of penny stocks to buy according to insiders. One insider, in particular, has placed a bet of more than $2 million (so far) in August alone.
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