Published on 28 Feb 2023 on Insider Monkey via Yahoo Finance

15 Most Profitable Penny Stocks Now

In this piece, we will take a look at the fifteen most profitable penny stocks now. For more penny stocks, head on over to 5 Most Profitable Penny Stocks Now.

The stock market is made up of thousands of different stocks. In fact, estimates suggest that there are more than 2,500 stocks listed on the NASDAQ exchange and 2,300 listed on the New York Stock Exchange (NYSE). However, underneath this world of big ticket names such as Apple Inc. (NASDAQ:AAPL), there's the murky world of penny stocks. Defined by the Securities and Exchange Commission (SEC) as shares that trade lower than $5, most of the time these companies are traded on Over the Counter markets instead of established exchanges. In fact, according to the New York Times, there are more than 10,000 small sized companies whose shares are often priced in cents and not dollars.