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Trading Ideas

The Top Tech Penny Stocks of 2020

If you’re an investor that doesn’t mind some risk, you may find yourself interested in tech penny stocks. These stocks have the potential to make you a lot of money. But they come with a lot of risk.
The list below offers high risk-to-reward investment opportunities. Some of the stocks might double or even triple your money in little time. But with that opportunity comes downside risk. I’ll cover tech penny stocks in more detail below, but first, here’s a list of the top tech penny stocks right now.
The Top Tech Penny Stocks Right Now
*Stock data from March 5, 2020

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Business News

Take Five: Credit crunch at time of rock-bottom rates?

Is it possible we may see a wave of corporate defaults at a time when interest rates are at record lows and falling? In Europe, where many rates are below 0%, signs of stress are emerging as the coronavirus outbreak hits companies’ bottom lines. An index of credit default swaps on 75 high-risk European companies compiled by IHS Markit — the iTraxx Europe Crossover – has surged to the highest in almost four years. The list is pretty diverse: airlines, retailers, carmakers and others all feature.

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