One of the most attractive things about penny stocks is the money traders can make with them. While you’ve got storied names like AMC Entertainment (NYSE: AMC) and GameStop (NYSE: GME) that exploded during the meme stock craze, many others have returned significant gains without as much fanfare. We see cheap stocks making big moves almost daily, and today we look at a handful of names that have exploded since the start of the year.
How much, exactly? Let’s take $1,000 of hypothetical dollars and find the answer. for each. In the end, we’ll see how much the total $5,000 in hypothetical money is worth at today’s prices.
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