3 Top Penny Stocks to Make You a Millionaire

How to make millions trading penny stocks and my strategy to boost your returns 2x to get rich in 2021. Much more than just an intro to penny stocks, I show you how to start trading and reveal the three best penny stocks to buy now. Get 2 FREE shares of stock worth up to $1000 each when you open a Webull investing account with a $100 deposit! 🤑 https://mystockmarketbasics.com/webull

This was originally going to be in another video about how to get rich but it was so important I had to make it a separate video. More than any other investment, penny stocks will make you rich but you need to know how to trade these high-risk, high-return stocks.

I’ll start by showing you the potential returns in penny stocks as well as the risks. I’ll detail what I look for in the best penny stock investments and how to use this strategy to become a millionaire. I’ll then reveal the three penny stocks to buy that could produce triple-digit returns and more.

Screening for penny stocks to buy, I started with a market cap less than $1 billion. That's the definition of a penny stock, it's not really about the stock price. I then looked at some basic fundamentals like increasing revenue and profitability. I also looked for lower debt leverage through the debt-to-equity ratio.

That's important because penny stock companies don't have the financial power to survive a recession or other problems like mega cap stocks. You want to find the best penny stocks with the financial staying-power to help them survive until they blow up.

Picking penny stocks isn't all about luck or gambling. There are ways to find the best investments and they will make you rich. Bookmark the video and come back to brush up until you've got the ideas down and check out those three penny stocks to buy.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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