Penny stocks is a term used to refer to stocks that are being sold at the face value which is lower than a dollar. Now, at Insider Monkey we track several hedge big hedge funds and according to our data, some of the hedge funds that we track have become quite optimistic about a few penny stocks recently. Now, hedge funds are often risk averse organizations, and they will do everything within their power to maximize their profits. Also, I am sure you are well aware that hedge funds are managed by some of the most business savvy people in the market, and when they speculate on something, they are pretty much always right. Based on these observations, we have made a list of penny stocks that are going to explode in the near future, despite the bad reputation the penny stocks general have. If you are thinking about investing in penny stocks, then we believe your investment will be much safer if you go with the penny stocks that made our list today. Of course, we will provide all the relevant data based on which we prepared the list in the full article. Without further ado, let me point you in the right direction.

If you wish to learn more about this interesting topic, then you have come to the right place. At insider monkey’s blog page, we have put together the list of Hedge Funds Think These Penny Stocks Are Poised to Explode. Just click on the provided link to get instant access to the full article.