Penny stocks

The 3 Best Penny Stocks to Buy Now in January

Penny stocks are popular because of their ability to triple or quadruple a small initial investment.

For example, shares of Neothetics Inc. gained 230% in a single day, from $0.52 on Oct. 16 to $1.72 on Oct. 17.

But if you're searching for the best penny stocks to buy now, we have three biotech penny stocks which have 300%-plus profit potential.

Biotech penny stocks are attractive because they have clear catalysts that can send their share price soaring. Just one positive clinical trial result can cause a company's share price to skyrocket...