There are two sides to every coin. For stocks-that-can-deliver-over-200-gains-next-year.html” title=”2 “Strong Buy” Penny Stocks That Can Deliver Over 200% Gains Next Year”>penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met with resounding praise or forceful discontent.
Going beyond the argument that you get more for your money, even minor price appreciation can result in massive percentage gains. However, some investors prefer to avoid these stocks entirely, as the fact that shares are trading at such depressed levels could signal insurmountable headwinds or weak fundamentals.
So, how are investors supposed to determine which penny stocks are poised to make it big? Following the activity of the investing titans is one strategy.
Billionaire Steve Cohen is among these Wall Street greats. Serving as Point72’s Chairman, CEO and President, Cohen has built his fortune – around $17.5 billion – using a street-foresees-over-500-upside-potential-as-billionaire-steve-cohen-invests-in-these-2-strong-buy-penny-stocks.html” title=”Wall Street Foresees Over 500% Upside Potential as Billionaire Steve Cohen Invests in These 2 'Strong Buy' Penny Stocks”>high-risk/high-reward strategy. Throughout his career, Cohen has consistently delivered huge returns to…
2023-08-17 09:04:58
Link from finance.yahoo.com
