Don't Waste Your Money on Penny Stocks, These 2 Stocks Are Better Buys

The uncertainty that has gripped stock markets around the world makes at least one thing clear: This is no time to buy penny stocks. There never was a good time, really. Most companies that trade as penny stocks are outright scams, with many having no actual operations at all. More importantly, owning those types of assets is no way to build wealth over the long haul.

That doesn't mean you have to shun high-risk, high-reward stocks. Assuming your portfolio is well structured for your financial situation, there's nothing wrong with examining a riskier asset or two (even in the midst of a global pandemic). Here's why investors might want to take a closer look at Coherus BioSciences (NASDAQ: CHRS) and Precision BioSciences (NASDAQ: DTIL). 

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Source Fool.com