With May proving to be another interesting month for penny stocks and blue chips, there is a lot that investors need to keep track of. First and foremost, we know that penny stocks are in an extremely volatile place right now. This is the result of factors such as rising inflation, climbing interest rates, and geopolitical tensions abroad.
All of this has resulted in major losses across the past few months. And while trading on May 17th was the first positive day in quite some time, it is likely that we will continue to see major market fluctuations in the near future. So, to take advantage of this, investors need to have two things: an understanding of how to trade penny stocks, and guidance on what events to take advantage of.
3 Penny Stocks That Investors Are Buying in May 2022
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