Penny stocks are defined as shares of companies trading for under $5. They’ve come under plenty of scrutiny due to the higher risks involved in trading or investing in them. However, with that risk comes the potential for an even greater reward than other, higher-priced stocks.
Believe it or not, penny stocks are researched by more than just retail traders. Some of the top Wall Street analyst firms take a stab at finding penny stocks to buy.
Today we’ll look at a handful of names that some of them have made bold predictions about based on price targets. I’ll leave it up to you to decide if these firms are correct in their expectations or if the risk isn’t worth the potential reward.
Take a look at these four penny stocks to buy according to analysts.
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