7 Multibagger Penny Stocks To Buy In July 2022

| July 7, 2022
penny stocks under a dime

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.

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Category: Penny Stocks to Buy

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