No matter if you’re day trading penny stocks or you’re looking for stocks under $10 to add to your long-term portfolio, you need to open a brokerage account before you can begin trading.
Most penny stocks are considered poor long-term investments. While there are always some hidden gems, most stocks trading under $5 — particularly those trading under $1 — are cheap for a reason.
Spirit Airlines (NYSE:SAVE) has endured its share of turbulence this year, but the stock was flying high Monday. The low-cost carrier’s stock price soared 53% on Monday, after rising as much as 60% on ...