October 2024's ASX Penny Stocks To Watch
The Australian market has shown mixed performance, with the ASX200 closing up slightly by 0.12% at 8221 points, driven by gains in the IT and Discretionary sectors while Utilities faced losses. In this context, penny stocks—often smaller or newer companies—remain a niche yet intriguing investment area due to their potential for growth at lower price points. Despite being considered an outdated term, these stocks can still offer significant opportunities when backed by strong financial health...