It can be easy to forget that some of the world's biggest companies started out as penny stocks. Wal-Mart (NYSE:WMT), Starbucks (NASDAQ:SBUX), Microsoft (NASDAQ:MSFT) to name a few. Penny Sleuth's Jim Nelson says penny stocks may carry more risk than blue-chips, but the success stories show the rewards can be worth the extra risk.
This from Jim:
On Nov. 19, 1984, you could have picked up shares of the emerging biotechnology firm Amgen, Inc. (NASDAQ: AMGN) for $3.63.
Those shares rose steadily...
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