Though penny stocks are named after the term penny, they are not the stocks that are available for spending pennies. Nevertheless, they are far cheaper than the cost of the blue-chip stocks. Since the cost per share of these stocks is much less, they are known as penny stocks and are being traded all over the world by experts as well as novices. $5 is generally the price that is used here and the stocks that cost less than this are considered penny stocks. If you are interested in trading any of these stocks, it is good to have a list of penny stocks from reliable source and study the moves of specific stocks in recent past.
Just keep in mind that although the penny stocks are inexpensive to buy, they can shoot up at any height if the stars are properly aligned. But, depending on them to get rich overnight is not suggested. There is risk in trading these stocks and before doing this; you should learn a number of things so that you have maximum chances of being successful. It is possible to find a complete list of penny stocks, but there is no guarantee that the stocks in the list will become profitable.
The simple fact is that you will find a large number of stocks listed as penny stocks. You can invest in dozens of hundreds of different stocks at a time. So, when you are looking for list of penny stocks, it is advisable you categorize them into sectors so that you keep a track on what may become a sizable list of the stocks you own. By using the internet search engines you can find the list of the hot penny stocks. It is advisable to do the analysis based on few different ways so that you invest in lucrative stocks.
There are many ways in which you can get the list of penny stocks and one of the easiest and free ways is through newsletters.
There are many newsletters that would send you monthly list of these stocks to invest in. However, it is difficult to distinguish scam from real ones in this method. There are websites that provide the list of penny stocks after proper analysis and they provide the report too along with the list so that you can go through the study. Learn how to choose the right stocks to invest by spending time on your own research.
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