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These 5 Penny Stocks are CRUSHING My Favorite Investing Rule
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You know we love us some #pennystocks here on the channel and no other investments have produced the kind of returns, like 386% return on shares of Ryerson Holdings and double- or triple- our money on nine other stocks we’ve covered.
First off, most investors don't realize, a #pennystock has nothing to do with stock price. It's the size of the company, it's market cap, that makes it a penny stock along with that double-digit revenue growth that will grow the company fast. And it's in these small stocks that it is so important to find the right balance between growth and profitability. There is more risk in penny stock investing than almost any other type of investing.
Fortunately, I'm using a tool from my days as a venture capital analyst to show you how to find #pennystockstobuynow and five stocks that meet the criteria. It's a super simple rule to follow and one of the best for finding #stockstobuy
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.
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