Can penny stocks on NZX also be multibaggers?

Source: Billion Photos ,Shutterstock As the name suggests, penny stocks usually trade for less than $1. Characterised as a high-risk instrument, these penny stocks are speculative yet high reward yielding investments. Owing to their volatile n...

Source: ShutterstockProfessional,Shutterstock Summary Amid the damaging impact of the ongoing COVID-19 pandemic, the healthcare sector has continued to witness new heights. Penny stocks are low priced and can provide several benefits. In...

Source: Copyright © 2021 Kalkine Media Pty Ltd Summary Penny stocks can have high-growth potential stocks that are low priced and highly risky. They are sought after by professional traders as they are low priced but risky. There are som...

Source:REDPIXEL.PL, Shutterstock Summary Technology sector remained relatively resilient from COVID-19 induced disruptions. Trading in tech penny stocks must be done by analysing the fundamentals carefully. Some of these NZX-listed penny stoc...

Source: Josep Suria, Shutterstock Summary Healthcare sector has generally performed well during the COVID-19 pandemic Penny stocks are becoming favorites of some market participants who have a risk appetite and also looking for big gains on lo...

Source: Vitalii Vodolazskyi, Shutterstock Summary Penny stocks are stocks that are low priced and highly risky. Some of these penny stocks can be potentially high growth ones. There are some interesting NZX-listed penny stocks that investors ...

Source: Yuriy K, Shutterstock Summary Penny stocks are favourite of investors with risk appetite The chosen penny stocks are low priced with growth potential Many of these small cap companies have done well even during COVID-19 Penny sto...

Source: Vitalii Vodolazskyi, Shutterstock There are several penny stocks that are worth looking at on the NZX. These are generally lower than NZ $1 and could be trading at a lower price than their intrinsic value. These could be stocks that have the...

Source: Shutterstock Some investors prefer large, well-established companies, while other like to invest in small companies. Looking at their value and growth plans, Penny stocks can give good returns to investors. They have a low price but can prov...

Source: Shutterstock Penny stocks usually trade at a very low price, mostly below $1 and in the US at a price less than $5. Such stocks have low market capitalisation and are highly speculative in nature. Hence, venturing into the right penny stock...