Stocks that trade at less than a dollar per share are referred to as "penny stocks," and they tend to attract investors who are looking for explosive gains.
It is possible to get lucky with these typically speculative investments, but there are usually good reasons why they trade at such low prices. The market offers much better choices if you're seeking massive returns.
Investors hunting for stocks that have the potential to deliver big gains and offer risk-to-reward dynamics that outclass the vast majority of penny stocks should consider buying shares in Baozun (NASDAQ: BZUN), Himax Technologies (NASDAQ: HIMX), and MakeMyTrip (NASDAQ: MMYT).