Three US penny stocks with market caps over $30 million have caught the attention of investors. These stocks may be considered risky due to their low share prices, but they have the potential for high returns.
One of the penny stocks is Company A, with a market cap of $35 million. Company A operates in the technology sector and has seen steady growth in recent months.
Another penny stock is Company B, with a market cap of $32 million. Company B is in the healthcare industry and has shown promising developments in its pipeline of products.
The third penny stock is Company C, with a market cap of $31 million. Company C is in the consumer goods sector and has a strong presence in the market.
While investing in penny stocks can be risky, these three companies have market caps over $30 million, which may provide some level of stability. Investors should conduct thorough research before investing in any penny stock.