3 Analyst-Approved Nano-Cap Stocks That Could Deliver Quadruple-Digit Returns
When it comes to speculative investments, nano-cap stocks reside on the extreme end of the spectrum. With market capitalizations below $10 million, these tiny companies come with oversized risk. Sinking money into them is akin to gambling — you might strike it big, but chances are you’ll end up empty-handed.
That said, while nano-cap stocks lack the stability of blue chips, they brim with potential. For thrill-seeking investors with cash to spare, the prospect of 1,000% returns could outweigh the risks. But before chasing lofty profits, understand what you’re getting into.
Nano-caps’ minuscule size cuts both ways. Fundamental analysis gets tricky with little operating history and limited publicly available data. Plus, sudden price swings happen frequently. Should adverse developments occur, these businesses lack the resilience to bounce back. Of course, the opposite also holds true. A single positive catalyst can ignite a buying frenzy and send shares soaring. With that in mind, let’s take a look at three nano-cap stocks.
This post appeared first on InvestorPlace.
Category: Penny Stocks to Watch