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Penny Stocks

The 3 Best Penny Stocks to Buy Now for 400% Upside

Penny stocks aren't for everyone.

But if you understand that all stocks are volatile and you're willing to take on some smart risks to hit a big score, then you'll find few better options than penny stocks.

If you can be right about half the time when picking penny stocks, you can make life-changing profits when the shares soar by two, three, four, and even higher multiples of your initial investment.

But here's the thing: There is a right way and a wrong way to trade penny stocks.

We'll show you how to find the best penny stocks to buy now with 450% upside.

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penny stocks

Top 10 Penny Stocks to Watch as Market Returns Flatten

Over the last month, markets have been quiet – too quiet.

Since April 1, the S&P 500 has not moved more than 1% in every trading session.

Meanwhile, the CBOE volatility index has fallen over 30% since March 25, indicating that stocks are moving very little in day-to-day trading.

The last time volatility fell this much was in October 2018 – right before stocks tanked and volatility went through the roof.

With market indicators suggesting some heavy volatility on the horizon, you're going to want to be prepared - by investing in the top 10 penny stocks to by this week...

stocks

These Are 5 Top Penny Stocks to Buy This Week

For investors chasing significant gains with very little up-front investment, top penny stocks are a great profit opportunity.

You see, if a stock trading for less than $5.00 moves just a few cents, it can add up to major percentage gains – and returns for shareholders.

However, that doesn't mean penny stock investing isn't risky. Investors buying penny stocks should never invest more than they can afford to.

stocks

10 Top Penny Stocks to Watch This Week - and One You Need in Your Portfolio

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.

In order to help Money Morning readers identify the top penny stocks to buy right now, we're looking at last week's top-performing penny stocks.

10 Top Penny Stocks to Watch This Week, and One to Buy

Thanks to their low upfront investment costs, penny stocks are a great opportunity for investors who want strong gains with little initial investment.

Just look at VivoPower International Plc., the penny stock that topped our list of the 10 top penny stocks to watch this week.

Last Thursday (May 3), VivoPower Shares soared 88%.

While the solar panel company stated that they had not released any news that would cause a spike in share prices, the stock has experienced a significant increase in trade volume during last week's trading as investors anticipate the company's May earnings report.