If you have a high risk tolerance and are seeking supersized returns in the stock market, penny stocks should be at the top of your watchlist. While the bad reputation penny stocks have is often justified, by avoiding biotech and cash-burning companies, you can find some real gems trading at bargain valuations. These discounted businesses could potentially deliver multibagger returns within a year or less once Wall Street takes notice. Of course, betting on penny stocks does come with some near-term risks. ...