Penny Stocks or Blue Chips? Which Should You Watch in 2021?
3 Penny Stocks To Watch Out For That Could Be Better Than Blue Chips With June in full swing, penny stocks are currently the focus of many investors. And there are some good reasons why that is. For one thing, because penny stocks are so volatile, they can make big gains (and losses). In the past few months, the market volume for blue chips has been extremely low. As a result, many investors have turned to penny stocks to fill the void. The next reason is that penny stocks are among the most speculative financial instruments out there. When news of a particular event, company, or industry falls, penny stocks tend to follow suit. This is standard and can be a huge benefit if you know how to use it. After all, the penny stocks opportunity is like no other. Since all penny stocks are under $ 5, not only are they cheap to invest, but we tend to see bigger moves than blue chips. For example, it's common for a penny stock to rise double-digit percentage points over th...