The boom in the tech industry makes for some of the best penny stocks on the market.
penny stocks to invest in
- Three Top Tech Penny Stocks to Buy Now
- How to Buy Penny Stocks
- This Week's Top Penny Stocks Brought Gains as High as 3,125%
- Best Penny Stocks: Why Biotech Keeps Delivering Triple-Digit Gains
- Pot Penny Stocks Are Up as Much as 1,210% – Here's How to Invest Now
Before diving into the nuts and bolts of how to buy penny stocks, it's important to recognize the reason why so many people engage in this particular type of investing. Penny stocks represent an inherently riskier, though potentially lucrative, investment option for investors.
Stocks that trade "Over-the-Counter" (OTC) can be risky propositions for investors because they aren't subject to the same financial standards as stocks on the larger exchanges. They can also be very illiquid.
But the OTC markets also see some of the top penny stocks winners every week, and have seen some of the best penny stocks of 2014. This week, every stock on our "top penny stocks" list trades over-the-counter.
This week's hot penny stocks had returns of 3,125%, 674%, and 325%, and every stock on this list more than double shareholders' initial investment.
Some of the top biotech penny stocks we recommended last year gained as much as 440%, 231%, and 214%. And the biotech sector is going to keep surging - especially the sector's best low-priced buys. We've already identified some of this year's winners -
GreenGro Technologies Inc. (OTC: GRNH) is up 1,210% (after having risen as much as 2,100%), Cannibis Science Inc. (OTC: CBIS) is up 183%, and Hemp Inc. (OTC: HEMP) is up 359%.
Hemp Chief Executive Officer Bruce Perlowin told Bloomberg News investors in pot penny stocks are looking for "the next Microsoft."
"The demand for marijuana is insatiable," said Perlowin. "You have a feeding frenzy for the birth of a new industry."