Biotech stocks are some of my favorite stocks to watch and invest in for a couple of reasons. First, they give you an opportunity to earn a meaningful return while knowing that your investment can make a difference in the lives of patients around the world. Moreover, these stocks are known to experience a large number of catalysts having to do with clinical studies, results from those studies, communication with the FDA, and more. So they can be pretty active.
Biotech penny stocks trade for under $5 per share and represent biotech companies. Though these can be risky, they can also produce meaningful returns, especially when the companies these stocks represent release positive data or achieve FDA approval. Which biotech penny stocks should you be watching? Here are a few trending options.
This post originally appeared at 24/7 Wall St.