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Today is your first lucky day of the holiday season.
In just a moment, I'm going to show you three of the best penny stocks to buy before the end of 2019.
And that's not all.
I'm also going to show you the remarkably simple formula I use to find winning stocks time and time again.
You see, I've always been a fundamental value analyst on the hunt for stocks that were mispriced by the market.
Years ago, I made a remarkable discovery that boiled all that fundamental analysis down to one simple formula…
It's a formula that anyone can use at any time to find stocks that have the best potential to double in value.
While this formula won't work every single time (no strategy does), it significantly puts the odds of success in your favor. That's all you can ask for in this market with stocks at historical high valuations.
Let's start with a basic principle of Wall Street. Investors want to own stocks of businesses that make money – lots of it.
The less investors have to pay for that business the better.
That's why when you compare the earnings growth rate to the price/earnings (P/E) ratio assigned by the market, valuable insight can be gained.
Generally speaking, the higher the growth rate compared to the P/E ratio, the more likely the stock will go up. The gains are significant in some cases.
Still, the inefficiency of the market creates opportunities to buy penny stocks that trade for earnings multiples well below the expected profit growth rate.
Here are three penny stocks that meet my rigorous requirements. These are perfect to scoop up before 2020…