5 Penny Stocks to Buy that Nobody is Watching

5 Penny Stocks to Buy that Nobody is Watching https://youtu.be/cdXmmNa2H-Y The only way to make 4,000% returns on penny stocks is by investing in the stocks nobody is watching. That’s how investors made a 40X return in Netflix over the last decade and it’s the only way to invest in penny stocks and make money. Check out the stock simulator and Get 2 FREE shares of stock worth up to $1000 each when you open a Webull investing account with a $100 deposit! 🤑 https://ift.tt/2M1qRd4 The worst feeling in the world is investing in a hot stock only to watch it start falling immediately. The problem is that most investors are chasing the same list of penny stocks, the stocks that everyone knows about and everyone owns. If everyone is already investing in a stock, then there are no more buyers and the sellers have all the power. Nobody was watching Netflix in 2010 when it was a penny stock with just 12 million subscribers. That’s how investors were able to book a 4,000% return over the next decade, but investing before everyone else. In this video, I’ll show you how to find penny stocks to buy. We’ll start with a simple penny stock screener to find the stocks worth a closer look. More importantly, I’ll show you how to narrow down this list to the small cap stocks nobody is watching and that could be your next 100%+ return. I’ll then reveal five penny stocks to buy right now. Creating an initial penny stock list to watch, I’ll usually screen for market cap, volume and some financial fundamentals. You’re looking for companies under $100 million preferably but definitely under a few hundred million. You’re also looking for stocks with a low volume or average shares traded on a daily basis. Finally, you want your penny stock picks to be making money so you’re looking for increasing revenue and a path to earnings. To narrow this to the best penny stocks nobody is watching, you want to look at three sources of information. I usually look to Robinhood investors first, to see how many accounts hold the stock. It’s a good indication of how popular the stock is among retail investors. I’ll also use Yahoo Finance to find the number of professional analysts following the stock and then the average trading volume over the last six months. This will give you a great list of penny stocks to watch but don’t think this is all without risk. You don’t get potential stock returns in the triple-digits and higher without risk. Penny stocks tend to have higher bid-ask spreads which means you could pay more to buy them. They are also classic targets for pump-and-dump scammers and many do not offer the same level of financial reporting as other stocks. These risks can all be mitigated and managed but you need to understand them! 2:54 How to Find Penny Stocks to Buy 4:21 5 Penny Stocks to Watch 6:19 How to Invest in Penny Stocks Nobody is Watching 10:18 Risks of Penny Stock Investing Join the conversation in our private Facebook Group! https://ift.tt/2SL3NCQ Join the Let's Talk Money community on Instagram! https://ift.tt/336QCQl My Investing Recommendations 📈 📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://ift.tt/2IaUgA4 Free Webinar – Discover how to create a personal investing plan and beat your goals in less than an hour! I’m revealing the Goals-Based Investing Strategy I developed working private wealth management in this free webinar. Reserve your spot now! https://ift.tt/2TbmwcK SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://ift.tt/2zsdiOe Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. Let's Talk Money! with Joseph Hogue, CFA