Chelsea Therapeutics International Ltd (Nasdaq: CHTP) gained as much as 120% Jan. 15 when it got drug approval from an FDA advisory panel. That brings the drug one step closer to FDA approval.
Then there are the penny stock picks that over years can return more than 1,000%.
Look at BJ’s Restaurants Inc. (Nasdaq: BJRI). It traded as low as $1.50 per share in 2000, climbed over $5.00 per share in 2002, and now trades around $29. That’s a 14-year gain of 1,833%. The gains don’t come without a rocky ride. As we explained in our article What Are Penny Stocks?, some penny stocks are volatile, illiquid, or vulnerable to scams.
But the right penny stock picks can lead to big gains in short time frames.
Following are five penny stock picks worth a look today. (more)
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