The stock market is down again today. Why? Concerns stemming from last week’s Fed meeting and plenty of Fed speak this week have contributed to the latest stock market rout. But that hasn’t been the same when it comes to penny stocks. In this article, we look at a hand full of hot stocks to watch, heading higher while the broad market crash continues.
Are penny stocks immune to a stock market crash? In short, even during some of the most aggressive sell-offs, you’re sure to find a few cheap stocks to watch. One of the reasons why penny stocks are such a popular topic when things get bearish is that they move in a way that’s disconnected from the broader trends. Start-up and emerging phase companies have specific catalysts that tend to bode well for speculation-based trading.
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