Are you looking for stocks to buy with low price tags? While there are thousands of stocks that trade for under $5 per share to choose from, it can be difficult to find winners with low sticker prices. After all, stocks that trade for under $5 per share are considered penny stocks. And if you’re an investor, you know that penny stocks come with increased risk.
On the other hand, penny stock investments can be fruitful if you make the right picks.
With that said, while I do invest in various industries, some of my favorite penny stocks to follow are in the biotechnology industry. These companies are usually in the development stages, which opens the door to several catalysts that could send their prices up. I’ll share four biotech picks trading under $5 per share that you should consider buying now.
This post appeared first on 24/7 Wall St.