A Surge In Buying Has New Traders Focusing On Stocks Under $5

Whether you’re new to trading or an experienced pro, penny stocks are something you’ve probably heard of or read about. Right now, these cheap stocks are becoming all the rage. I’m talking about those cheap stocks that have been dramatized by movies and TV shows. They usually depict high-energy traders making millions of dollars in the blink of an eye.

I’m not talking blue-chips here; these are stocks of companies that not many have heard of. They’re also companies that aren’t well-established, and some are even distressed. With the advent of COVID-19, rising unemployment and mandatory stay-at-home orders have created a unique situation. People are bored in the house and in the house

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