Investors looking for 300%-plus returns often turn to penny stocks, which is why we're showing you the best penny stocks to buy for 2018.
Penny stocks are stocks that trade for less than $5.00 per share. At those prices, small swings in stock price translate to large changes in percent.
Still, investors must keep in mind that penny stocks are risky.
That's why Money Morning Chief Investment Strategist Keith Fitz-Gerald advises that no more than 2% of your portfolio be made up of penny stocks.