There is no easy way to find under-the-radar penny stocks. That’s not to say it’s challenging to find stocks trading under $5. A quick screen of the S&P 1500 says there are 26 currently meeting this criterion. However, many of them are losing money on a trailing 12-month basis.
Therefore, if you’re a conservative investor, when you’re looking for significant upside potential from an investment, you probably wouldn’t start with penny stocks. However, if you’re an aggressive investor, penny stocks are attractive because you can buy more shares with less.
So, for this article, I’ve selected three stocks that are part of the S&P 1500, trade at $5 or less per share as I write this, and made money on a trailing 12-month basis.
This post appeared first on InvestorPlace.