Many are under the illusion that penny stock investing is a risk-it-all phenomenon. However, I oppose such views because adding penny stocks to a diversified portfolio can lower risk while enhancing an investor’s reward. Nevertheless, there is truth in penny stocks being risky in isolation. Therefore, careful analysis is required before committing capital to penny stocks. There’s much debate surrounding the classification of penny stocks. For the purpose of this article, I screened for stocks with market ca ...