The basic definition of penny stocks includes shares of public companies priced under $5. While some traders might argue that they are exclusive to the Over-The-Counter or “OTC exchange,” the truth is that numerous low-priced stocks can also be found on larger exchanges. The current stock market offers a vast selection of stocks under $5, partly due to the ongoing market sell-off this year.Click Here To Watch TTG Live On YouTube
Concerns about inflation, predictions of a 2023 recession, and the possibility of a stock market crash are all factors weighing on investors’ minds. However, the situation for penny stocks is somewhat unique, as speculation often plays a more prominent role in these low-priced shares.
Getting in on the ground floor or purchasing shares at their lowest point before a significant upswing is undoubtedly appealing. However, it’s important to note that these scenarios are more of an exception than a rule.
Focusing on the actual trade and setting emotions aside is more effective than attempting to time the market or a specific trade. In this article, we will explore several of the lowest-priced penny stocks currently garnering attention in the stock market. This continues the list in our article Best Penny Stocks To Buy? 4 Under $1.10 To Watch Now.