What are some good penny stocks right now

Screening Filters & Rationale

1. Market Cap (max: $1,000,000,000):

   • Purpose: Focus on small-cap companies with growth potential.
   • Rationale: Smaller market cap stocks often have higher growth opportunities but come with increased risk, aligning with penny stock characteristics.

2. Price (max: $5):

   • Purpose: Identify low-priced stocks classified as penny stocks.
   • Rationale: Stocks priced under $5 are typically considered penny stocks, making them accessible for investors seeking high-risk, high-reward opportunities.

3. Relative Volume (min: 1.5):

   • Purpose: Highlight stocks with increased trading activity.
   • Rationale: A relative volume above 1.5 indicates heightened investor interest, which could signal potential price movements.

4. Beta (High Risk):

   • Purpose: Target stocks with high volatility.
   • Rationale: High beta stocks are more sensitive to market movements, offering greater potential for significant short-term gains or losses.

5. Weekly Average Turnover (min: 1,000,000):

   • Purpose: Ensure sufficient liquidity for trading.
   • Rationale: A high turnover ensures that the stock is actively traded, reducing the risk of illiquidity when entering or exiting positions.