Really good Penny Stock to be Rich in 2020

Really good Penny Stock to be Rich in 2020


Why Penny Stocks are bad, still people buys

Penny stocks are usually very poor companies. But greed can make you buy penny stocks.

Reason to buy penny stocks is people thing that they can buy more quantity and if price increases it will be beneficial if they have more quantity of stock in hand.

But to be true most penny stocks just keeps on dropping or rarely see the growth.

How these penny stocks are Great

But today I’ll tell you penny stock that can really make you rich.

This stock might not be penny in terms of market capital. But it solve the real purpose of buying penny stock. That is to price of stock must be less so that more quantity can be bought.

These penny stock have got great upside, that is renowned companies, great Promoters and management and more.

Vodafone Idea Limited – NSE:VIL

Rs 10

Vodafone Idea is telecom company, with coming of JIO all Indian telecom faced challenge, and also AGR dues piled up the burden. But recent news of Google investment in company and AGR payment over 20 years is relief for company. Alos promoters are willing to run company as Vodafone EK is also infusing money to India business.

Future Consumer – NSE:FCONSUMER

Rs 12

Future Group company in FMCG quaterly sale of about Rs 1,000 crore.

Only down side is Future Group is in debt but debt is getting resolved soon as many investors are join Future Group, like Mukesh Amabni and Azim Premji.

Really good Penny Stock to be Rich in 2020

Disclaimer: These is only for educational purpose don’t use this information for investment, contact your financial advisor and make your own assessment before making any investment.

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