Penny stocks to buy: professionals within the financial advisory industry constantly warn retail investors to stay away from this sector. They’re enticing, yes, because they feature a relatively low share price tied to a diminutive enterprise value. Of course, the idea here is that a solid news item can send the underlying security flying.
However, the opposite is also true. Speculative entities can quickly flounder. It’s difficult to come across hard statistics that demonstrate the probability of failure.
But it’s safe to say that you’re not going to find any reputable resource telling you that putting significant risk capital in penny stocks is a good idea. Quite the contrary, virtually all organizations tell you to stay away . The ones that don’t warn you straight up that you’re taking matters into your own hands.
With all that said, not every speculative business will fail. A rare few may end up succeeding. And it’s also true that not all Wall Street analysts avoid this subsector.
You may be surprised to learn that some experts are willing to put their reputations on the line to spotlight certain compelling ideas. So, if you can handle the heat, here are penny stocks that can end up buying you a new kitchen and then some. Natural Gas Services (NGS) Based in Midland, Texas, Natural Gas Services (NYSE: NGS ) falls under the broad energy space, specifically the hydrocarbon equipment and services industry.
Financially, it’s a decent enterprise, generating net .