About to Buy Penny Stocks? Look at These 3 Companies First
Penny stocks, which usually means stocks issued by small companies that trade for less than $5 per share, often attract speculative investors who have been given promises of big returns within a short time. Most penny stocks aren't much better than lottery tickets, or some of the "meme stocks" that recently caught on fire on Reddit. Instead of chasing penny stocks, let's examine three growth stocks that offer better opportunities for investors who can stomach some near-term volatility: Pinterest (NYSE: PINS), Datadog (NASDAQ: DDOG), and Peloton Interactive (NASDAQ: PTON).