Penny stocks are securities generally issued by small, publicly traded companies and usually trade at a price of less than $5, according to the U.S. Securities and Exchange Commission. The low price and high volatility of penny stocks makes them highly speculative inves...
As of June 29, 2015, some top performing penny stocks are Exelixis Inc., Vringo Inc., and Cowen Group Inc. All three stocks are listed on the New York Stock Exchange, according to Nasdaq.com.
Penny stocks work just like regular stocks, with the main difference being that investors buy and sell penny stocks in over-the-counter bulletin boards (OTCBB) or the pink sheets. The term "penny stocks" refer to stocks that are worth no more than $5 per share, accordin...
Lake Shore Gold Corp (LSG), Castle Brands, Inc. (ROX), Empire Resorts, Inc. (NYNY) and Orexigen Therapeutics (OREX) have all been noted as good penny stocks for 2015, as reported by InvestorPlace. These stocks are all said to offer good potential investment return for a...
To find a penny stock, a consumer must visit one of the eligible penny stock brokerages, such as the OTC Bulletin Board or OTC Link LLC. Search for the desired stock, and abide by the government regulations that pertain to this type of stock.
The easiest way to purchase penny stocks is to open a brokerage account and use the broker to purchase the stock for you, according to finance site Money Morning. A broker can also help you to avoid many of the scams and frauds present in the penny stock market.
Publicly traded penny stocks from the Cowen Group, Pan America Silver Corporation and TravelCenters of America is likely to perform well in 2015, according to Profit Confidential. Other publicly traded companies with potentially lucrative penny stocks include Energy XXI...