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Stocks are near all-time highs, and it means you could triple your money on our pick for one of the top penny stocks to buy now.
In fact, this penny stock is ready to pop 243%.
The S&P 500 is up 3.4% this month, at an all-time high as the United States and China approach a "phase one" trade deal.
Investors are optimistic, and it's lifting the broad market averages.
While global trade news boosts major blue chip stocks, however, penny stocks can soar even higher.