Cheap Stocks To Buy Now In 2009

There are many cheap stocks to buy now due to the current financial mess and some good stocks have crushed by more than 80%. Some interesting stocks to look out for are penny stocks, which stock price are worth only a few cents.

Penny stocks are perfect for the beginner stock trader. A newbie trader most likely doesn't have $30,000 to open a brokerage account, which is probably the minimum you will need to start a halfway decent portfolio. But the great thing about trading cheap stocks like penny stocks, is that you can invest in a nice wide variety of companies that range from a sector to sector without having to have a huge bank account.