About to Buy Penny Stocks? Look at These 3 Companies First
Coronavirus has done a real number on the stock market.
From its highs of late February to its lows of late March -- and even counting all the gains it's clawed back since then -- the Dow Jones Industrial Average of companies is still down 16% today, and the Nasdaq is down 7%.
Investors are still searching the rubble in hopes of snatching up bargains, and make no mistake: There are bargains to be had. If you're searching for bargain basement "penny stocks" (despite the name, these usually refer to small-cap stocks priced under $5), well, there are literally hundreds of stocks that now cost less than half what they did when the year began, and that can now be bought for low-single-digit prices.
Source Fool.com
