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Investors chasing stellar returns and low entry costs often turn to penny stocks to bolster their bottom lines.
However, it's incredibly difficult to identify which of the 2,800 penny stocks trading on the major indexes are worth buying. Most lack the solid financial that define winning investments.
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The news for marijuana penny stocks can't get much better.
Over the last two weeks, national and state governments in North America have dealt a wave of final blows to marijuana prohibition, paving the way for full legalization – and tremendous profits.
On Oct. 31, Mexico's Supreme Court struck down the nation's marijuana prohibition law, deeming it incompatible with Mexican law. Shortly afterwards, Mexico's incoming government announced plans to pursue full legalization.
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Penny stocks are a great opportunity to chase significant gains for little up-front investment.
However, with over 2,800 stocks trading on the NYSE and Nasdaq for under $5, it's incredibly difficult to identify which penny stocks are going to deliver triple-digit returns.
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Healthcare accounted for half of last week's top penny stocks, with a majority of them delivering over a 50% return.
The top penny stock on our list, Inuvo Inc. (NYSE: INUV) jumped 197% after the company reported an acquisition agreement with ConversionPoint Technologies, a national software firm.
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For shrewd investors, penny stocks can provide tremendous returns on very little up-front investments.
In order to help Money Morning readers identify the best investment opportunities, we're taking a close look at the five best penny stocks the watch in November 2018.
You see, many penny stocks don't have the robust financials necessary to generate strong gains.
In order to identify the best penny stocks to invest in, we use the Money Morning Stock VQScore™ system.
The VQScore system pinpoints stocks that have a strong chance to producing triple-digit returns.
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Are you ready to join the cannabis revolution?
Sales in 2017 reached $10 billion, and that's only going to keep growing.
Here's everything you need to know about your next profit opportunity...
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We are heading into what some call a "green gold rush."
You see, now is the best time to invest in the cannabis industry.
Here are all the exciting details...
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Eight of our top penny stocks to watch generated triple-digit returns last week, demonstrating the immense profit potential of penny stocks.
Our top penny stock, vTv Therapeutics Inc., generated a 356% gain.
According to Bloomberg, marijuana stocks have outperformed gold, Bitcoin, and the broader market as a whole during 2018.
As marijuana stock evaluations continue to soar, we're using marijuana penny stocks to get you on the ground floor of the cannabis revolution.
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It's risky, but owning just one penny stock could make you rich.
And today, we have a full report to share about the stock price of a company that could climb over 600%.
Here's everything you need to know about your next profit opportunity...
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