answersLogoWhite

0


Best Answer

The best penny stock to invest in currently is the stock that will go up in price tomorrow.

I know this doesn't really answer your question, you probably want a stock to invest in. Here's a hint to finding a great stock with the potential for upward movement.

Stock is at its lowest point in the charts for over the past 12 months, it is getting great news, people are starting to talk more about it on stock message boards, and it just had a positive day (stopped falling for a day)

This is a great sign that this stock is going to move upward. This is not 100% guaranteed but it is as close as you want to get to being certain.

The more green lights that you get in your research that is showing that a stock is going to go up, the more likely that it will do just that.

Why? If you are seeing what others are seeing, all you need is for others to start buying the stock, which will make it go up in price, to confirm your finding are true or false.

Hope this answers your question. "StockPickster over and out"

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the best penny stocks to invest in currently?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

When is the best time to invest in stocks?

The best time to invest in stocks depends on a few differing factors. SInce the market is constantly fluctuation, you will want to ask a financial adviser if you are unsure of which stocks are best to invest in.


What are some criteria one might use to determine which are the best stocks to invest in?

Some criteria you might use to determine what the best stocks to invest in include considering what the best industries are, looking for low valuation and stocks that have recently had analysis upgrades. You can monitor your stocks online at the NASDAQ website.


Whats the best stocks to invest into?

Arctic Cat (ACAT) Invest all your money and watch it quadruple!!!


How would one know which Penny Stocks are the best to buy?

By reviewing penny stock newsletters, it is easy for one to know which Penny Stocks are the best to buy. One can also review popular stock message boards to see.


Tips for Investing in Penny Stocks?

For many people starting to invest in stocks can seem difficult to do because the prices of many stocks seem to high. For these people, investing in more affordable stocks, such as penny stocks, could be a good idea because they often cost less than one dollar per share and could be purchased in bulk by even a low net worth investor. While purchasing penny stocks can be attractive, there are several tips that should be followed to ensure that the investor makes a good decision. The first tip for investing in penny stocks is to pay careful attention to the bid ask spread. When purchasing and selling stock, you will purchase at the listed bid price and sell at the ask price. For most stocks, the difference between the bid and ask prices is just a few cents, which is nominal compared the actual share price of the stock. However, with a penny stock, that could be worth well less than a dollar, the bid ask spread could be considerable relative to the value of the share price. Therefore, when purchasing a penny stock, be sure that you ensure that the bid and ask prices are as close to the share price as possible. The second tip for investing in penny stocks is to invest in stocks that provide some form of stability. While many people invest in penny stocks because they have the chance to increase dramatically in price, these stocks often have the chance to decline in value if the company struggles and even a slight decline to the stock price could have a disastrous effect on your total return. Therefore, it is extremely important with penny stocks to ensure that you have a strong understanding of the company's financial strength. The third tip for investing in penny stocks is to avoid paying additional fees. While almost all online brokers allow their customers to purchase and sell penny stocks, some charge additional fees for the purchase and sale of these stocks. To ensure that you get the best return possible, be sure to purchase penny stocks through a broker that do not charge these additional fees.

Related questions

What are the best penny stocks to invest in?

Penny stocks are common shares of small public companies that trade at less than $1.00. There are many sites you can go to to find some more information on penny stocks, try looking on thehotpennystocks to find information on the best penny stocks.


Where can one find information on how to make money with cheap penny stocks?

There are many web sites which will provide information on how to invest in penny stocks. Some of the best web sites come right out of New York. Be aware of the sites that are merely involved with trying to get you to invest with their site.


When is the best time to invest in stocks?

The best time to invest in stocks depends on a few differing factors. SInce the market is constantly fluctuation, you will want to ask a financial adviser if you are unsure of which stocks are best to invest in.


Which websites carry information on penny stocks?

There are tons of websites out there specializing in penny stocks. My favorite is www.pennypicks.net/. They update their website every day with the best penny stocks.


What are the safest stocks to invest in?

In order to find out what the best and safest stocks are to invest in now, you may want to consider talking to a stock broker or someone who knows a lot about stocks.


Are penny stocks good to own?

There are many penny stocks you can buy to make millions of dollars in the market. For more information on the best penny stocks you can visit www.penny-stock-picks.com/.


Where can one research the best stocks to invest in?

One can research the best stocks to invest in at Forbes. They have a current list of the top stocks to purchase and a description and reason for each. They have many tips on investing one can research as well.


What are some criteria one might use to determine which are the best stocks to invest in?

Some criteria you might use to determine what the best stocks to invest in include considering what the best industries are, looking for low valuation and stocks that have recently had analysis upgrades. You can monitor your stocks online at the NASDAQ website.


Whats the best stocks to invest into?

Arctic Cat (ACAT) Invest all your money and watch it quadruple!!!


Where can one find information about best penny stocks?

Penny stock newsletters are the easiest way to get good information on picks. Penny stocks are speculative and rely on opinion so getting information from reliable sources is best.


How would one know which Penny Stocks are the best to buy?

By reviewing penny stock newsletters, it is easy for one to know which Penny Stocks are the best to buy. One can also review popular stock message boards to see.


Consider Penny Stocks?

There are plenty of people who have heard of penny stocks before, but there are not many who fully understand them. They just don't know enough about them to make the right decisions about if they should be owning them or not. Unfortunately, most will just purchase the "hot stocks" that they hear others talking about. This is not the best way to invest. It is much better to purchase penny stocks that are showing that they might be able to produce strong returns for a long time to come. Base your decisions on experts opinions, and not on what you just hear from other people going around.