5 Penny Stocks You Can Buy at a Discount

Penny stocks can make you rich but you have to know how to find the best penny stocks to buy and a strategy that gives these stocks time to prove that value. We’re up an average of 60% on our penny stock list with one stock up 460% since recommending it. It doesn’t always go your way though and nine in our penny stocks portfolio have fallen. Should I sell, hold or buy more?

In this video, I’ll show you a strategy for penny stock investing and share how I pick the best stocks to buy. I’ll then reveal the five top penny stocks that are trading below our initial recommendations but are still good companies with solid return potential.

About 25% of our penny stock list is posting a negative return with share prices under the initial recommendation. That’s actually not bad considering more than half the investments in most angel investing portfolios lose money. It’s only a few investments that generate 10- and 20-times return on investment that takes the portfolio return to triple-digits.

That’s the mindset you need with your penny stock strategy. Hold 10-15 stocks in your penny stock portfolio, stocks of great companies with disruptive products. Then you have to give those companies time to grow. Many of our penny stock picks have jumped quickly after the recommendations and that’s great but even when prices fall, you have to give the company time to prove its value. That means holding your penny stocks for at least 3-5 years.

That’s why I’m holding the penny stocks in our portfolio that have lost value since the initial recommendation. These are still strong companies, they just need time to prove it.

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Investor Presentation: http://nexeinnovations.com/wp-content/uploads/2020/12/Nexe-Presentation-Dec29.pdf



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This video was conducted on behalf of NEXE Innovations, and was funded by Gold Standard Media LLC. All research, recommendations and opinion is that of the creator and no content was written or provided to the channel from the company. Sponsorships like these help me provide free research into this and other companies for investors. For our full disclaimer, please visit:https://www.goldstandardir.com/nexe-innovations-disclaimer-40/

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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