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The 10 Top Penny Stocks This Week and One Pick That Could Soar 471%

When you invest in Penny stocks, you have the opportunity to own stocks with spectacular growth potential with very little initial investment.

In fact, this is a great strategy for smart investors looking for great returns. Just look at Renren Inc., last week's top performing penny stock.

Last week, Renren stock jumped over 100% after it revealed that Morgan Stanley Inc. holds a significant stake in the Chinese social networking service.