3 Penny Stocks That Could Go Parabolic

| August 18, 2022

With the risk-off trade dominating amid economic uncertainty, investors’ enthusiasm for penny stocks has dwindled. The focus has instead been on blue chips and deeply undervalued growth stocks. In any market conditions, though, there are penny stocks that will outperform. Allocating a small portion of your portfolio to select penny stocks could boost your overall returns.

The key to picking the penny stocks most likely to deliver big returns is to focus on companies with decent business fundamentals and oversold stocks.

Here are three penny stocks that could surge higher over the next few quarters thanks to specific catalysts. And depending on how those catalysts play out, these names may be worth holding beyond that.

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Category: Penny Stocks to Buy

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