Cheapest Stocks in Robinhood

Cheapest Stocks in Robinhood

There is a lot of stocks in Robinhood that are fairly cheap. The cheapest stocks in Robinhood include a variety of companies from different fields. These include Companies such as:

Christopher and Banks (CBK)- a women’s apparel company (which has been featured on our list of stocks to watch)

Capricor (CAPR)-a biological treatment company based in Beverly Hills, CA

Micron Solutions (MCR)- This is a cheap company in Robinhood that develops medical device technologies.

What you get:

With these as with most penny stocks, you get a lot of risks when buying. However, there is also the chance that you will make great gains. Watch these stocks for a while and then decide whether or not you would like to purchase them.

 

These are some of the cheapest stocks on Robinhood which don’t seem like a complete scam but they do not provide the complete comfort of investment either. Therefore make sure you don’t just go jumping into them without doing more in-depth research. This is especially true if you are putting a lot of money in. Although only 3 are mentioned here, there are many more. Check out our forum for more tips.

Strategies for the cheapest stocks in Robinhood

These stocks seem tempting because of the huge potential they can have for tremendous gains. One of the strategies which will limit your losses if it comes to that is to purchase a few shares to keep a watch on, Then little by little add more stocks. This could involve adding one a week or one a month, based on your budget.

Another Strategy is to buy one stock like the previous strategy and then store money and when the stock dips buy either 3 or 4 and when the stock goes up passed your initial investment only buy one stock.

Find Trends!

One last tip I can give you is to use a trend finder to analyze these stocks. The reason is that like any “cheap” stock, there is a lot of risks involved. For this reason, it is critical that you do everything you can to prepare yourself before jumping into the stock. Trend finders are a very useful tool which if used correctly, eliminated a lot of the risk that comes with investing in the cheapest stocks.

Test out these strategies and see if they work for you when purchasing these stocks which are some of the cheapest stocks in Robinhood

2 Comments

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    pennystockadmin March 27, 2018

    Thank you

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