6 Penny Stocks for the Biotech Boom

Description:

According to Louis Navellier of InvestorPlace, "there is big risk in biotech investing too. If a company doesn't have a proven track record or good management and research staff, a low-priced stock in this sector can collapse from a few dollars a share to a few pennies a share and leave investors really hurting. That's why I apply some high standards to cheap biotech stocks: They must be listed on a major exchange, have a proven track record of earnings or sales success, and have to have quantitative buying pressure backing them up. Here are six such biotech stocks that make the grade, and could be breakout buys for investors." Read more here.

>>Also: 5 Gold Mining Stocks Under $5

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