3 Undervalued Penny Dividend Stocks to Buy for 100% Returns

Penny stocks are often categorized as purely speculative. That’s far from being a fact with several promising ideas in the penny stocks space. Of course, the risk (beta) is high as compared to blue-chip or quality growth stocks. However, returns can be multi-fold if we look at a long-term time horizon.Also, several penny stocks offer an attractive dividend. For small companies, dividends are an indication of investor-friendly management.Undervalued dividend penny stocks are likely to double before the end o ...