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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.

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One of the Best Penny Stocks to Watch for December Is Up 384%

Penny stocks are so attractive thanks to their explosive potential. These stocks trade for just dollars, or even pennies, and can post triple- or even quadruple-digit gains in a matter of days.

But they are also much riskier than normal stocks. Most penny stocks are listed on over-the-counter exchanges with no requirements for being listed.

As a result some penny stocks are merely scams relying on pump and dump schemes that could quickly drain your entire investment.

However not ALL penny stocks are scams. Here's one of the best penny stocks to watch for 2018...