4 Penny Stocks To Buy With Analysts Expecting 80%-180% Upside
These Penny Stocks Have Analysts Bullish Right Now
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Are Analysts Right About These Penny Stocks?
Penny stocks are some of the highest-risk stocks in the market. Thanks to a long history of volatility, manipulation, hype, and speculation, traders seek the ultimate alpha in these cheap shares. But it isn’t just for “wild west” gun-slinging traders. Analysts have also grown bullish on many stocks under $5.
Small-cap stocks are synonymous with “penny stocks.” Usually, a benchmark for sentiment, the Russell 2000 Small-Cap Index ETF (NYSE: IWM), has been followed closely to gauge momentum in smaller companies. Though not all penny stocks are “small-cap stocks,” it’s a term that’s loosely thrown around in the world of stocks under $5.