If you’re looking for penny stocks to buy right now, this article discusses three companies that Wall Street analysts have hefty expectations for. While these are some of the most volatile types of companies to trade, the high risk can give way to high reward potential if a trade works out.
With a glimmer of “risk-on” sentiment, traders are beginning to look for other opportunities. One of the popular topics in the stock market today is penny stocks with 1,000% upside potential.
It might sound crazy, but it hasn’t been uncommon this year to see 10x moves for cheap stocks. New IPOs, heavily shorted stocks, and speculation-fueled rallies have fostered this type of climate. Today we see what some of Wall Street’s analysts have to say about a few penny stocks they say are a buy.
This post originally appeared at PennyStocks.com.