Published on 13 Aug 2021 on Entrepreneur via Yahoo Finance
Hot Penny Stocks For Your Watch List In August
What’s the definition of penny stocks? If you’re newer to trading, you might not realize that the Securities and Exchange Commission defines these as stocks under $5. While it might not make sense at first, the long and short of it is that the pool of small companies with lower share prices is vast and accounts for a large portion of the retail market.
Whether you’re a novice or experienced trader, the same trends and topics are evident. First, penny stocks carry plenty of risks. This can be attributed to price risk, volatility risk, and even company risk.