SDC - About to Buy Penny Stocks? Look at These 3 Companies First
A rookie mistake for new investors is falling for the penny stock trap. Inexperienced traders flock to stocks fetching pocket change, falsely assuming that they're cheap. More often than not, companies trading for just a few bucks or less fail. Do yourself a favor and aim slightly higher in terms of price, and considerably higher in terms of quality.
SmileDirectClub (NASDAQ: SDC) , Zynga (NASDAQ: ZNGA) , and China Life Insurance (NYSE: LFC) all trade for less than $12 a share right now, but they're far from speculative penny stocks. Let's see why these are the low-priced stocks that you should be looking at in 2021.
A SmileDirectClub clear dental aligner. Image source: SmileDirectClub.
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About to Buy Penny Stocks? Look at These 3 Companies First