Société Générale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.
In the speculative world of penny stocks, there are always multiple overlooked opportunities to consider. Investing in penny stocks is not without risk, and as I always caution, it should be done responsibly. Nevertheless, there are multiple reasons to believe in the companies discussed below. Broad macroeconomic tailwinds are approaching in the second half of 2024. Signs have emerged that the Fed will cut rates toward the end of the summer. Lower interest rates will provide a massive boost acro
Investors largely look at penny stocks to buy from a trading or speculation perspective. The idea is to sell when the stock doubles or triples. In most cases, this strategy makes sense because penny stocks largely represent companies with average or poor fundamentals. The risk factor is therefore high and penny stocks are not worth holding in the core portfolio. Having said that, there are exceptions. Several high-quality growth stocks of today were penny stocks at one point in time. In the univ