3 Penny Stocks That Are Poised to Double Once Coronavirus Fears Fade [Yahoo! Finance News]
FORTUM OYJ CP UNSP/ADR (FOJCY)
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Source: Yahoo! Finance News
The market gyrations leave traders looking to get out, which reinforces the bear trends and deepens the drops, or looking for discount stocks that may offer solid returns for a low cost of entry. Which, when you think about it, brings penny stocks to mind. These are low-cost shares, usually in low-cap companies. Historically, these stocks were valued at less than a dollar, although today penny stocks are defined as selling for less than five dollars. The main attraction here is a consequence of the low share price: even a modest-seeming dollar gain per share can translate into a high-percentage return. We’ve used the TipRanks Stock Screener Nokia Corporation NOK The Nokia name is familiar; the company has been a well-known maker of cellular handsets for decades, and is famous in part for its 3310 ‘dumb phone,’ which even today boasts strong sales. As Nokia heads into the new year, it is also preparing for a changeover in management. CEO Rajeev Suri will step down this coming August,
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