Wall Street Favorites: 3 Penny Stocks With Strong Buy Ratings for January 2024

Penny stocks tend to be risky. Most companies end up with a low share price due to some major fundamental problem with the business, such as a bad balance sheet or low levels of profitability.However, there can be diamonds in the rough. If you’re looking for a low-priced penny stock bargain for January 2024, these three stocks should be at the top of your watchlist.Planet Labs (PL)Source: ShutterstockPlanet Labs (NYSE:PL) is a company focused on the Earth observability category of the space industry. Specif ...