If you’re looking for penny stocks to buy this week, you have a lot to contend with. Whether it’s CPI, the latest FOMC meeting, or Jerome Powell’s hawkish comments, volatility is everywhere as a result. But for those trading cheap stocks, this type of trend is known all too well.
This extreme volatility – the moves that happen in minutes – doesn’t happen to all penny stocks. So if you’re not used to high volatility or high-frequency trading, don’t worry. There are other cheap stocks to watch, and some have even attracted the attention of analysts.
Wall Street analysts are professionals researching and analyzing publicly traded companies and providing recommendations to investors. Their advice can influence sentiment for individual and institutional investors.
This post originally appeared at PennyStocks.com.