Penny Stock Companies to Watch

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With the stock market at levels not noticed in years, the time for investing is now, but if you are like 1 of the millions of Americans who have by no means invested ahead of, it can be a bit confusing figuring out where to get started. The world of investing is highly jargon-heavy and the risk involved with investing can scare off some folks. A good place to get your feet wet with investing is with penny stocks. Penny stocks are any stock with a value in single digits. They are a popular initially investment mainly because the initial investment amount can be highly tiny, but the payoff can be very large if you do your homework.

Pretty much every single company out there began as a penny stock at 1 point or yet another. Even the greatest firms on the block started out as an idea an individual had that was turned into a good results by means of years of difficult work. Penny stock fortunes can be produced, but you cannot just throw your dollars at any stock with a value under $10 and hope for the perfect. There is a massive amount of stock research out there, it is up to you, as an investor, to read up and opt for which ones have the brightest future.

Numerous people think that penny stocks are constantly firms that are up and coming and not established. This isn't usually true. For instance, CitGroup (NYSE: CIT) is a provider that we've all heard of that currently qualifies as a penny stock. Various experts think that the market place has overreacted tremendously to their recent troubles and that the positives this organization nonetheless has outweighs the smaller risk you would undertake by investing in it. It is remarkable to feel of such a properly recognized corporation like CitGroup becoming a smart penny stock investment, but it is!

Pervasive Software (NASDAQ: PVSW) is one other enterprise that numerous business insiders have heard of that is widely considered to be a wise penny stock investment. With shares about $4, Pervasive has shown strong growth in current months as sales for their integration software program has increased significantly. Firms like Pervasive essentially go against the conventional wisdom you would apply when it comes to choosing investments for the duration of an economic downturn, but as soon as in a although, a companies' outlook is so bright, you can't support but see achievement in their future and Pervasive fits that description to a tee.

1 final stock we'll look at is Lion's Gate (NYSE: LGF). With share costs hovering around $7, this penny stock has already shown exceptional growth over the last couple of years. The Vancouver, British Columbia based film and production provider benefited significantly from the provincial and national tax credits given to Hollywood filmmakers who decide on scenic Vancouver to shoot films in, and with the sudden swing in the exchange rate over the past few months, Canada is again back at the top of each film maker's list of places to make movies. As long as the US dollar is trading at $1.20 or far more, Lion's Gate's profits are positive to have a healthy roar.