Are Penny Stocks Worth It?

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Canadian Penny Stock Guide: Find where to find Penny Stocks that pay well.

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Comments

    • TSI Research 

      Thanks Stephanie. That can be frustrating. Amerigo is up more than 10% since the start of 2023 and more than 25% in the last 52 weeks. We continue to see it as a buy for the aggressive portion of a conservative investor’s portfolio. Thanks again.

  • Jack 

    I bought it too. Down, down, down. What’s the good of a 7% dividend when you lose double that in share price decline? There are far better buys out there.

    • Scott 

      Thanks for your comment. Amerigo — a recommendation of our Power Growth Investor newsletter for highly aggressive investors only — shot up from $1.30 a share in mid-March 2024 to $2.05 a share in just three months to mid-May. It has dropped back to $1.67 since then along with copper prices—but we still see it as a buy (plus it now yields a very high 7.2%).

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