Penny stocks have the potential to evolve into multi-baggers. It means shares that yield in multiples of the investment amount. Investing in penny stocks is risky, and you would then be treading in tricky waters as there is no guarantee that the stocks will become multibaggers. Here are 5 zero-debt penny stocks that have rallied up to 900% in the last one year.
With a recovery in the small-cap space, penny stocks are gaining traction. However, this is quite a risky space. This space is only suited for extremely nimble, well-capitalised, and high-risk traders. Watch this Business Today Visual Story to learn all about penny stocks and whether you should buy penny stocks.
Penny stocks to buy now: Penny stocks are quite volatile, but they have the potential to provide exceptional returns. Some penny stocks have the potential to produce quick growth in a short period of time. Watch this Business Today Visual Story to know which penny stocks to buy in 2023.