Three US penny stocks with market caps over $40 million have caught the attention of investors. Penny stocks are considered to be high-risk investments due to their low prices and volatility. However, these three stocks have market caps that exceed $40 million, making them slightly less risky compared to other penny stocks.
Investors should keep an eye on these stocks as they have the potential for growth. It is important to conduct thorough research before investing in penny stocks, as they can be highly speculative. These stocks may offer significant returns, but they also come with a higher level of risk.
Despite their low stock prices, these three penny stocks have market caps over $40 million, indicating that they are not as small or obscure as other penny stocks. Investors looking to diversify their portfolio or take a chance on potentially lucrative investments may want to consider these stocks.