Many experts will advise you to steer clear of penny stocks – and for good reason. Oftentimes, they’ll tempt speculative traders with the idea of easy growth, and the opportunity to double, triple, or even quintuple returns in no time.
Many of you don’t need me to lecture you on penny stocks. I’m sure some of you have learned the hard way, too. Still, I want to share some of the penny stocks I just came across that are piquing my interest. Should you decide to buy, know what you’re getting into. Know to only invest as much as you can afford to lose. Anything more than that can be devastating. If you’re aware of the boundaries with penny stocks, here are five to take a look at.
This post originally appeared at InvestorPlace.