How to Find the Best Penny Stocks to Buy

There are many way to find the best penny stocks to buy. However, investors will use more than one way for get successfully in finding the best penny stocks to buy. All is up to you. I will tell you step by step how to find the best penny stocks to buy.

1. Dive in internet - explore information in many forums, websites, blogs and communities which have discussing experiences of investors.

However, beware information about the best penny stocks in those source because many people in internet are the beginners who don't have many experiences in finding the penny stocks to buy. Their information might be wrong, so you should consider about this too. Therefore, you can also follow daily news in magazine or newspaper.

2. Analyzing the balance sheets and income statements on each of penny stocks. Concentrate at each penny stocks (in the last three years)'s revenue are increasing.

3. Collect information of penny stock company in internet. Research business plan (including their products and services) for each penny stock.

4. Hire company to research stocks - you might pay small fee to hire specific company that has skill in research stocks. Learn research for more knowledge.

5. Review the industry in each of penny stocks company operates to determine if there will be any growth in that industry.

6. Don't let your emotions lead buying penny stocks. Do as your investing plan's rules.

Source: eHow, EzineArticles