A deeper study of the penny stock universe reveals some quality names that are under the radar and undervalued. By quality, I mean good fundamentals and a business that holds potential for growth in the long term. I must add that the investment horizon for penny stocks is limited to a few months or a few quarters. However, there are some that I’d even hold for three to five years. If the business grows, these penny stocks can deliver 10x to 20x returns within this investment horizon.
Let’s discuss seven under-the-radar penny stocks to buy for multibagger returns.
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