3 Speculative Penny Stocks That Can Spike to Double Digits in 2024

Penny stocks can surprise.It’s just a matter of timing, whether waiting for few months or quarters for a big rally. And when the rally does come, multibagger returns are possible in a matter of weeks. While speculative activity in these stocks is high, the ideas are backed by fundamentals. Further, positive business catalysts are likely to trigger positive price-action.If an interest rate cut happens in the second half of 2024, it will be another catalyst for these penny stocks trending higher. Despite the ...