What is a good market cap for a penny stock?

A good market cap for a penny stock can vary depending on individual preferences and risk tolerance. However, generally speaking, a market cap of under $300 million is often considered typical for penny stocks. Find and compare the best penny stocks under $2 in real time.

Are penny stocks a good investment?

Penny stocks are public companies that have a current share price of $1.00 or less. These companies are listed on major stock exchanges and have market capitalizations of under $100 million. Many investors are attracted to penny stock investments because their low share prices suggest a strong possible upside. Learn more about penny stocks.

What are the top penny stocks this quarter?

Top penny stocks this quarter include Ardelyx Inc., Snowline Gold Corp., and Nordic American Tankers Ltd., which have each climbed over 100% in the last year while the small-cap Russell 2000 index has dropped 17% and the large-cap Russell 1000 has shed 13%. Penny stocks are defined as equities that typically trade at $5 a share or less.