GURUGRAM, India & NEW YORK--(BUSINESS WIRE)---- $YTRA #DomesticAirTravel--Yatra Online, Inc. to report fourth quarter and full year 2024 financial results on May 30, 2024.
The International Monetary Fund has raised India's GDP growth forecast to 6.8% for 2024 (financial year 2025). Further, growth is expected to remain robust at 6.5% for 2025.
Micro-cap stocks have a market capitalization between $50 million and $300 million. A low market capitalization generally indicates an emerging business with high risk.
With the penny stock space being overcrowded, it's not easy to spot multibagger penny stocks. Further, it needs some research to differentiate between purely speculative penny stocks and fundamentally strong penny stocks.
There is no doubt that blue-chip stocks are steady value creators and act as a fortress for the portfolio. However, it's growth and high-potential penny stocks that can make millionaires.
There are thousands of publicly-traded companies whose shares are in “penny stock territory” (trading for $5 or less per share), but arguably a small fraction of these should be considered penny stocks to buy. For one, a large proportion of penny stocks are low-priced, yet are still “expensive,” in terms of their trading price relative to underlying value.
To make millions from the markets, investors should allocate funds toward high-risk stocks. Blue-chip stocks provide steady returns and capital protection.
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