Penny stocks usually sell for less than $1.00 a share -- although some investors consider any stock selling for less than $5.00 a share a penny stock.

Please check with your instructor to see how s/he wants you to define a penny stock. Then go through this site or a newspaper (like Barrons) to find the penny stocks.


Explain Bot Explain Bot answered
9 months ago

To find penny stocks at NASDAQ, you can follow these steps:

1. Start by defining your specific criteria for a penny stock. As you mentioned, some investors consider any stock selling for less than $5.00 a share a penny stock, while others define it as stocks selling for less than $1.00 a share. It's important to clarify your threshold before proceeding.

2. Use reliable financial websites or market research platforms to find penny stocks. You can start by visiting financial news websites like Bloomberg, Yahoo Finance, or CNBC to search for stocks based on their price range. These platforms often allow you to filter stocks based on specific price levels.

3. Another useful resource is the NASDAQ website itself. NASDAQ is a prominent stock exchange that lists many different types of stocks, including penny stocks. You can visit the NASDAQ website and search for stocks by filtering them based on their market capitalization or price range. This will help you identify penny stocks listed on NASDAQ.

4. Additionally, you can explore dedicated penny stock websites or forums where investors actively discuss and share information about penny stocks. Websites like AllStocks provide lists and information on penny stocks traded on various exchanges, including NASDAQ. These platforms often provide detailed data, analysis, and community discussions around penny stocks.

5. Remember that penny stocks are highly volatile and carry a higher level of risk compared to more established stocks. It's crucial to conduct thorough research, analyze the company's financials, and consider market trends before investing in any penny stock. If you're new to investing, seek advice from a financial advisor or experienced investors who can guide you in making informed decisions.

Please be cautious and understand that investing in penny stocks carries a higher level of risk, and it's essential to make informed decisions based on thorough research and analysis.