Cheap Chances: 3 Promising Penny Stocks for Life-Changing Returns
ACHRArcher Aviation (ACHR) InvestorPlace·2024-03-08 03:56

It’s not easy finding promising penny stocks for solid returns right now. Putting aside their low price tag, many penny stocks have small market capitalizations. Any investor in small-cap stocks knows how tough that has been for the last two years. The iShares Russell 2000 ETF (NYSEARCA:IWM) is up approximately 8% in the last 12 months and about 2% in 2024. That’s alright; it’s far below the double-digit returns that the major indexes have been generating. That’s because small-cap stocks are more tied to th ...