Published on 19 Jul 2024 on Insider Monkey · via Yahoo Finance
AXT, Inc. (AXTI): Is It Among the Best Penny Stocks to Buy Now?
We recently compiled a list of the 10 Best Penny Stocks To Buy According to the Media. In this article, we are going to take a look at where AXT, Inc. (NASDAQ:AXTI) stands against the other penny stocks.
Penny stocks are those that trade below the price of $5. These stocks represent companies with smaller market capitalization, high risk, and high volatility. Risk-tolerant investors find potential for above-average returns in penny stocks, however, investing in these stocks requires caution and care.
Expected Trends for Small Cap Stocks