How Long Can Wall Street Overlook This Breakout Penny Stock?

Investing in penny stocks is a high-risk, high-reward proposition. Generally, stocks with share prices below $5 are defined as penny stocks. For investors with a higher risk appetite who like a bargain, investing in cheap penny stocks can be a tempting way to speculate on potentially outsized returns. 

In fact, shares of several big tech companies, including Apple (AAPL) and Amazon (AMZN), were priced below $5 when they first went public on the stock market. That said, penny stocks have also gained a reputation for burning significant investor wealth.