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.
As major U.S. stock indexes opened lower, investors are closely examining a variety of earnings reports and economic indicators to gauge the market's direction. In such a climate, penny stocks—though ...