As a rule of thumb, you should stay away from penny stocks. When you see shares priced near a buck (or even below), there’s usually a reason for it – and not a good one. At the same time, if you want stratospheric returns for a relatively small cash outlay, you’re not going to get it investing in dividend-paying blue chips. So, here we are.
I get the allure of this speculative subsegment. No matter how many warnings I issue, people want to know more. Therefore, I’m going to do my best to direct you to (hopefully) high-potential ideas. With that, here are penny stock picks to consider.
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