SMSN 966.0 -2.1772% TYT 2522.0 0.0% SMSD 806.0 0.2488% SMSN 966.0 0.625% RIGD 58.4 1.7422% RIGD 58.4 1.7422% SHEL 2439.0 0.1848% AZN 10124.0 -1.2678% BHP 1751.0 0.2577% HSBA 789.0 0.165% ULVR 4806.0 1.2003% CYPC 40.6 0.0% RIO 4398.0 1.0338% LLPC 1.5295 -99.0% DGED 109.66 0.1187% BP 359.4 1.4538% SBID 92.6 3.118% DGE 2071.0 -0.3369% GSK 1336.5 -0.6689% REL 3939.0 0.613%
Penny stocks are high-risk investments and shouldn’t take up a significant piece of the long-term portfolio. Most penny stocks are start-up companies with minimal (if any) revenue and speculative business models. Therefore, investing in such stocks should depend upon the risk appetite of an individual.
Multi-baggers are equities that have the potential to develop rapidly over time. A fundamentally sound small-cap stock with decent management and a long-term outlook can be considered.
Companies go public to raise money and, in doing so, offer up opportunities for investors to make money.