The markets have been in an incredible free fall over the last three weeks. But with sharp pullbacks come unique opportunities to buy stocks for the long haul.
There's been an insider buying trend in one of these top penny stocks recently. And it could mean a 100% pop is in store for that penny stock next year.
One of the best ways to identify breakout penny stocks – particularly in the face of a crisis like the COVID-19 pandemic – is to eye insider buying by corporate executives and insiders. We like to take a look at what company insiders are doing right now with their money.
After all, who knows the short-term and long-term outlook for a company more than the people who run it?
This week, we're looking at one penny stock – trading under $5 – that offers tremendous upside in the next 12 to 15 months. We focus on these inexpensive stocks because just a small investment has the potential to pay off huge in the long term.
Take Action: Market volatility has everyone on edge, but we have three steps you can take to protect your money and even set yourself up to profit. Click here…
Top Penny Stock to Buy
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.
Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.