7 Multibagger Penny Stocks To Buy In July 2022
In May 2022, it was reported that Warren Buffett went on a “shopping spree.” It’s not surprising that the legendary investor has been taking advantage of recent market conditions. Be it large-capitalization stocks or potential multibagger penny stocks, there seems to be ample value-buying opportunities.
There are some multibagger penny stocks that are worth considering with an investment horizon of 12-24 months. During this period, multi-fold returns from these stocks seems like a possibility.
My focus is on penny stocks that already have decent fundamentals. Investors will not lose their night sleep by holding these stocks.
Importantly, a small portion of an investor’s portfolio should be allocated to penny stocks. In an uncertain macro-economic environment, it makes sense to be overweight safer, large-cap stocks.
But for the riskier part of a well-diversified portfolio, let’s talk about seven potential multibagger penny stocks.
This post appeared first on InvestorPlace.
Category: Penny Stocks to Buy
