Many of the penny stocks on this list have been beaten down despite healthy fundamentals
During the correction of March 2020, AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME) were both penny stocks. Then retail investors jumped on board and took their share prices to levels neither had ever seen.
Neither AMC nor GameStop brought any fundamentals to the table — AMC has too much debt and GameStop has way too many stores — yet investors were buying their shares by the boatload.
Fundamentals, whether a stock is trading for $3 or $300, still matters. These seven penny stocks have them.
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