What penny stock is best to buy

Screening Filters & Rationale

1. Market Cap (max: $500M):

   • Purpose: Focus on small-cap companies with high growth potential.
   • Rationale: Smaller market cap stocks often have higher volatility and potential for significant returns, aligning with penny stock investment goals.

2. Price (max: $5):

   • Purpose: Identify stocks classified as penny stocks.
   • Rationale: Stocks priced under $5 are typically considered penny stocks, meeting the user's request.

3. Relative Volume (min: 1.5):

   • Purpose: Ensure stocks have higher-than-average trading activity.
   • Rationale: Increased relative volume indicates heightened investor interest, which can signal potential price movement.

4. Beta (HighRisk):

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

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

   • Purpose: Focus on stocks with sufficient liquidity.
   • Rationale: High turnover ensures ease of buying and selling, reducing the risk of illiquid positions.