Posts Tagged 'What are penny stocks'

I’ve Heard The Term Penny Stocks But What Exactly Are They?

Low-priced, small-cap stocks are known as penny stocks. Contrary to their name, penny stocks rarely cost a penny. The SEC considers a penny stock to be pretty much anything under $5. Most investors don’t think of sub $5 stocks trading on big exchanges like NYSE and NASDAQ when asked to describe a penny stock. Most individual investors look at penny stocks like Wall Street’s Wild ...