In this market, many penny stocks continue to remain beaten down. That said, while I don’t expect each and every speculative penny stock to surge higher like they did in 2021, select penny stocks still offer tremendous upside. Of course, I wouldn’t suggest betting the farm on most penny stocks. However, a small position in the right companies could quickly multiply your money.
In my experience, having patience and discipline is critical when investing in more speculative corners of the market. With strong fundamentals, some cheap stocks have all the ingredients for delivering big-time, long-term gains. Here are three investors should consider right now.
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