Stocks that are trading under five dollars a share are often referred to as penny stocks. This is generally considered to be a speculative category of stocks highlighted by large percentage moves that reflect their volatility. Investing in these stocks carries a significant level of risk that makes many investors uncomfortable.
However, for many investors, these stocks provide the opportunity for strong growth. There have been many examples of penny stocks that have grown 10x or more. Two names that almost every investor knows are Amazon.com Inc. (NASDAQ: AMZN), which traded for under $2 a share in 1997, and Monster Beverage Corp. (NASDAQ: MNST), which was trading at 10 cents a share in 2003.
One way to analyze potential penny stock winners is to look at emerging industries. However, many investors couldn't imagine an online bookseller becoming the world's leading e-commerce company.
Are there any Amazon's or Monster Beverage's in the current crop of penny stocks? In this special presentation, we're looking at seven stocks in various sectors that may be ready to make strong, positive moves.
Click the "Continue to Slide #1" button to view the first company.
