About to Buy Penny Stocks? Look At These 2 Companies First
If you're trying to build wealth, then you should absolutely avoid buying penny stocks. Individuals drawn to the low, low share prices offered by micro-cap companies often let emotions get the best of them and fail to accurately characterize the risk involved.
Rather than gambling away your hard-earned money, it makes more sense to invest in sound businesses at great prices. To be blunt, that can be a little boring. So, if you want to have a little fun and potentially earn an eye-popping return, then consider buying a small stake in a risky small-cap stock with promise. Here's why Pacific Biosciences (NASDAQ: PACB) and Avid Bioservices (NASDAQ: CDMO) may fit that label.
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Source Fool.com