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Don't Waste Your Money on Penny Stocks; These 3 Stocks Are Better Buys

Don't Waste Your Money on Penny Stocks; These 3 Stocks Are Better Buys

Penny stocks -- stocks that you can grab for less than $1 per share, usually in very small companies -- are like lottery tickets for investors. Instead of spending your nest egg on penny stocks -- or, worse, actual scratch-off tickets -- there are plenty of companies that are fairly well-established and offer better prospects for investors. While they still have some risks, three companies you might want to consider are Clean Energy Fuels (NASDAQ: CLNE), Stag Industrial (NYSE: STAG), and Upwork (NASDAQ: UPWK).