As Penny Stocks Make Massive Waves in the Market, Is Now the Time to Buy?

Katie Brockman, The Motley Fool
·4-min read
As Penny Stocks Make Massive Waves in the Market, Is Now the Time to Buy?

Penny stocks are having a moment right now. Of the top 10 most active stocks in mid-January, stocks trading at less than $1 per share took up six spots on the list, according to data gathered by Joseph Saluzzi, co-founder and co-head of equity trading at Themis Trading. Penny stocks are generally considered among the riskier types of investments, and it's rare to see them make such massive waves in the market.