The Best Penny Stocks to Buy Now Could Double

Buying penny stocks on the verge of new 52-week highs continues to be a winning approach. The 2021 stock market has been hot, with the Dow Jones Industrial Average at an all-time-high of 34,900. A rising tide raises all ships. But the best penny stocks to buy now could rise even higher. Because penny stocks trade at such low prices - under $5, as the Security and Exchange Commission defines it - they can pop higher percentages than most stocks. These top penny stocks happen to be part of the biggest broad market trends happening today. So, they're all hitting new 52-week highs. Of course, you sometimes want to avoid stocks that just popped big and fast, in case they slide back down just as quickly. But there's a good case for these penny stocks blowing beyond penny stock prices and staying there. Read more... Tags: penny stocks today The post The Best Penny Stocks to Buy Now Could Double appeared first on Money Morning - We Make Investing Profitable .