Top 5 Penny Stocks List 2020
Top Penny
stocks have a low barrier to entry. For a few dollars you can
buy a stake in multiple companies. But they can be difficult to locate. That is
why we have prepared a list of penny stocks.
The list below offers high-risk investment opportunities to
reward. Some of the actions can double or even triple your money in a short
time. But with that opportunity comes the downside risk. I will cover the risk
and reward in more detail below, but first, here is a list of the main penny
stocks.
Top 5 Penny Stocks List 2020
2.FuelCell Energy Inc.
3. Oncolytics Biotech Inc.
4. CytoDyn Inc.
5. Trillium Therapeutics Inc.
When fewer people analyze and exchange ownership of a
business, there is the possibility of a greater price deviation from intrinsic
value. Therefore, you may be able to find large businesses that operate with large
discounts.
Lower prices can also give experts an advantage. The use of
privileged information is not illegal if people with privileged information
expect privileged information to be made public and denounce their commercial
activity. Investors can follow their investment movements thanks to public
disclosure requirements.
Following the right inside information is a profitable
strategy. That is why our chief investment strategist Alexander Green
investigates internal activity. It even manages a commercial service, The
Insider Alert, dedicated to the strategy.
Many small capitalization shares also have greater growth
opportunities. Some of the companies only address a small part of the markets
in which they operate. Therefore, if they gain more market share, they can
easily double or triple their size.
If you put all your money in a penny share that loses 90% of
its value, a 900% profit would be needed to reach the breakeven point. And an
increase of 900% does not occur too often. Then, instead of betting heavily on
a company, you can buy a penny stock basket to limit the risk.
A good rule of thumb is to place no more than 4% of your
total portfolio in any position. Then, if you combine that with a 25% stop
loss, you limit the total loss of your portfolio to 1% in any given
transaction.
How to Trade Top Penny Stocks.
The penny stock trade has never been so easy. You can set up
an account with an online broker like Robinhood. It is as easy as setting up a
bank account. Then, once you have verified your account and put some money in
it, you can start trading.
I hope you find the list of previous penny stocks useful. It
is a good starting point, but you should always do your own research before
investing. And if you want an expert business vision ...
The number 1 retirement expert in the United States has
discovered a secret way to capture huge profits in penny stocks ... while
taking less risk than buying the S&P. Click here.
Comments
Post a Comment