Looking For Penny Stocks To Buy? Here’s What Analysts Think.
What’s the definition of penny stocks? If you go by the standard Securities And Exchange Commission overview, these are simply stocks under $5. While some might immediately assume that the exchange plays a factor, for the most part, we’re just talking about price. There are traders who have their own definition of penny stocks.
Some consider these “only OTC stocks” where others say that penny stocks are ones trading under $1. The lower the price, the smaller the move needs to be in order to equate to percentage change.
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