5/19/2023 0 Comments Find penny stocks on robinhood appThese stocks tend to be more volatile because they trade at low volumes, and the information a company needs to disclose to investors is not as transparent as more traditional stocks. Stocks with prices this low do come with specific risks that investors should be aware of. The companies that these stocks represent usually have a small or micro-market cap. When people refer to penny stocks, they’re typically talking about small companies with a stock price of less than $5. It does, however, support NASDAQ and NYSE securities. While we look at the best Robinhood penny stocks, note that the platform does not support OTC stocks. Robinhood, one of the most popular platforms for buying penny stocks, is intuitive and accessible for new investors.Įase of use has made Robinhood very popular among young people and investors on a budget. If you’re strategic, trading penny stocks could lead to solid returns.
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