Published on 2 Apr 2023 on InvestorPlace via Yahoo Finance

The 3 Best Biotech Stocks Under $1 to Buy for April

Typically, penny stocks are pure market wages for hardened gamblers. In fact, penny stocks are always risky — especially some of the best biotech stocks under $1 – and should oftentimes be avoided. And, as pointed out by the U.S. Securities and Exchange Commission (SEC), “Penny stocks may trade infrequently – which means that it may be difficult to sell penny stock shares once you have them. Because it may also be difficult to find quotations for penny stocks, they may be impossible to accurately price. Investors in penny stock should be prepared for the possibility that they may lose their whole investment.”

Granted, a few good ideas do pop up that may be worth throwing a few dollars at. But more often than not, penny stocks can lead to heavy losses. So, I always ask that you never risk more than you can afford to lose. That being said, I’ve uncovered some hot biotech penny stocks you may want to toss a few dollars at.

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