What Are the Best Penny Stocks to Buy Right Now?

what are the best stocks to buy right now

Investing in penny stocks is a wonderful way to make some good money, but the question is, where can you find the right penny stocks to buy right now? Some of the best penny stocks are small companies that go under the radar. These companies are not going to be on CNBC. Finding them will take a lot of dedicated work and you need to look in places that maybe others aren’t looking.

If you’re trying to find out which penny stocks are the best to buy in today’s market, you can start by using MSN’s stock screening tool. Technically a penny stock is a stock that trades under $5 a share. Many penny stocks are often trading under $1.00 though. So if you use a search filter for publicly traded stocks under $1.00, you’ll be off to a great start.

There may

be 100s, if not 1000s of results when you do a search like this. You will have to sift through these selections to find the best penny stocks. You will have to use a bit of criteria to make this happen.

If you’re new to penny stocks be careful. A majority of penny stocks can be priced so low for a reason and may never move up. These are risky investments and you must not invest more than you are willing to lose. If you are not confident using a stock screener, try signing up for a free penny stock newsletter where you can consistently be alerted to some of the top penny stocks out there right now. As a word of caution, always do your own homework on each suggestion given to you.

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Source: www.pennystocks.com

Category: Forex

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