Rewind to the spring of 2020 and Plug was a penny stock. Plug didn’t garner much attention until the pandemic. Mylan’s worth soared to nearly $9 billion, moving to $70 per share prior to its merger. Take a look at Mylan’s historical charts and you will find the stock once dipped down below $6 per share. However, it wasn’t always peaches and cream for this former OTC stock that initially debuted for public trading in 1973. Mylan, a pharmaceuticals business, merged with a division of Pfizer last year. The company’s brass seized the opportunity to capitalize on a relatively barren industry niche, providing affordable headsets for the gaming community that has quickly transitioned from couch gaming to online gaming in which headsets are central to play. Check out the reviews of Turtle’s gaming accessories and you will be impressed. ![]() Turtle traded under $5 for years before jumping to the $20s. Turtle’s gaming headsets and gaming accessories have quickly become the industry’s standard for quality. Apple is by far the most successful OTC market penny stock in the history of the stock market. ![]() Apple’s tech innovation is centered on creating consumer tech devices with a superior user experience design and longevity. Venture into public anywhere in the world and you will find people using Apple phones, earbuds, laptops and other tech devices. Today, Apple is trading at $148, even after several forward splits. Rewind to the early 2000s and Apple was trading at less than a dollar per share. Let’s take a look at some of the top innovators in the OTC market, since the start of the millennium. Overlook these barriers to entry and you will find there are plenty of OTC gems worthy of your investing dollars. Furthermore, OTC stocks are filled at specific bid prices, meaning investors must bid above the current trading price for their order to be filled. Some investors shy away from OTC stocks as buying and selling them requires paying a commission. OTC stocks are those traded over-the-counter.
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