Penny stocks can surprise. It’s just a matter of timing, whether waiting for few months or quarters for a big rally. And when the rally does come, multibagger returns are possible in a matter of weeks. While speculative activity in these stocks is high, the ideas are backed by fundamentals. Further, positive business catalysts are likely to trigger positive price-action.InvestorPlace - Stock Market News, Stock Advice & Trading Tips If an interest rate cut happens in the second half of 2024, it w
The next two years can be make-or-break for the cannabis sector. The biggest speed bump to growth for cannabis companies is not competition, but regulations headwinds. And it’s highly probably those headwinds will wane. Therefore, now is a good time to buy cannabis penny stocks for multibagger returns with an investment horizon of 24 months. First, Germany has set the tone with the legalization of cannabis. It’s likely that other European countries will follow suit. Further, cannabis will probab
There is no doubt that blue-chip stocks are steady value creators and act as a fortress for the portfolio. However, it’s growth and high-potential penny stocks that can make millionaires. A general tendency is to look at penny stocks purely as a speculative bet. That’s understandable in specific cases where the rally is driven by factors like short-squeeze. However, a deeper look into the world of penny stocks will reveal names that are fundamentally strong. Further, selected penny stocks repres