What are Penny Stocks? Penny stocks are stocks of small companies that trade for less than $5 per stock. Are you on the look out to download a bunch of them? We have a whooping 800+ list of penny stocks to download for free. 

This list includes the ticker symbol for each stock, the company name, tier, sector type, country, state, and revenue. Be sure to do your own due diligence before you jump right in to invest.

 How to Download the Free 800 + Penny Stocks List

In order to download the penny stocks list, please click on the link below. The list is in Excel spreadsheet format where you can easily sort and filter the data to find the penny stocks that interest you.

The following are categories that you can use to filter the list: ticker, company name, tier, sector type, country, state, and revenue.

800+ Penny Stocks List to Download

 Need more Data for Your Penny Stocks?

Chances are that if you want to successfully invest in penny stocks, you would need additional financial data not included in the list above. For this reason, we highly recommend you use the Excel and Google Sheets add-in 'Wisesheets'.

With Wisesheets you can get the income statement, balance sheet, and key metrics for each of the Penny Stock companies in the list with just one click.

More importantly, you can use the =WISE function to build Discounted Cash Flows and other analysis models right on your spreadsheet in no time.

Additionally, if you are interested in tracking penny stock real-time prices on Excel or Google Sheets you can use the =WISEPRICE function to get the price and then press the refresh button to update it as often as you'd like.

Get your free Wisesheets trial

Advantages and Disadvantages of Investing in Penny Stocks

The following are the advantages and disadvantages of investing in Penny Stocks.

Advantages

• The entry cost is low, so investors can invest in small companies with good earning potential.
• Since the stock price is low, penny stocks have room for greater price increases.
• There is opportunity for early investments which can increase manifold in the future.
• The volatility in stock price can help day traders to make profits.

Disadvantages

• Penny stocks are high-risk due to low liquidity, speculative nature, and chances of fraud.
• They lack transparency compared to larger publically traded stocks.
• High volatility can result in serious losses.
• The stock could be party to a pump and dump scheme where promoters artificially inflated the stock price before dumping their shares.
• Penny stocks face greater regulatory restrictions which can result in trading halts.

Real-Life Example of a Penny Stock

We have two examples of real-life penny stocks; one is a success and the other turned out to be a scam.

A Successful Penny Stock – Apple Inc. (NASDAQ: AAPL)

Back in the late 1970s, Apple Inc. was just a penny stock, trading for less than a dollar per share. Fast forward to 2023, and Apple has grown into one of the biggest tech giants in the world, with its stock price soaring to over $170 per share. 

This incredible journey from penny stock to powerhouse shows that small companies can achieve extraordinary success, though such transformations are rare.

A Scam – Cynk Technology Corp. (OTCMKTS: CYNK)

Cynk Technology Corp. was a social network company that saw its stock price skyrocket from $0.06 to over $21 per share in just a few weeks in 2014, despite having no assets, revenue, or even a working product. 

This surge was later revealed to be a pump-and-dump scheme.

Cynk Technology Corp. serves as a stark reminder of the risks associated with penny stocks, which are often vulnerable to fraud and manipulation.

In contrast, while Apple’s incredible rise from a penny stock to a tech giant shows the potential for small companies to grow, Cynk Technology Corp. illustrates the dangers that can lurk in the penny stock market.

Tips for Investing in Penny Stocks

Before you invest in Penny Stocks, you should be mindful of the following:

• Thorough Research: Before investing in penny stocks, thoroughly research the company's financial health, management, business model, and growth potential using financial news, forums, and annual reports.
• Understand the Risks: Penny stocks are volatile and illiquid, so understand the potential risks by researching the company's financial history and market trends.
• Look for Red Flags: Be alert for signs of potential fraud or mismanagement, such as unrealistic claims, regulatory violations, or a history of lawsuits, to avoid risky investments.
• Consider the Company's Industry: Evaluate the industry dynamics of the company, as sectors like biotechnology and technology can be more volatile, impacting the risk of the investment.
• Seek Professional Advice: Consult a financial advisor or securities attorney for insights and guidance to make informed decisions in the volatile penny stock market.

Takeaways

Penny Stocks present great earning opportunities. But investors need to conduct proper due diligence, such as, studying historical and real-time data, running background checks, understanding the risks, and seeking professional help. 

If done correctly, Penny Stocks can become good avenues of income.

We wish you happy Penny Stocks investing!