bullish penny stocks nse

Are you bullish on penny stocks? If so, you're in luck, because today we're going to discuss five of the most popular penny stocks on the Nasdaq National Stock Exchange (NSE).

These stocks are all trading at extremely low prices, and as long as you have a basic understanding of stock analysis and fundamentals, you have a good chance of making a healthy return on investment.

So let's get started! Ubisoft Entertainment SA (ADR) (UMI) Research coverage: Social Media, Software & Services; Ubisoft Games

If you're not familiar with the Nasdaq National Stock Exchange's penny stock indexes, they are market rankings of small caps that mostly trade over-the-counter.

These indexes include the Nasdaq Capital Market's (NASDAQ: NDAQ) Prime list, which includes companies with very low share prices and limited market activity. The index tends to track closely with small caps on NASDAQ indexes like Techastics, but it does have some outliers that can create big swings in the ranges of pennies over time.

The index we're focusing on today, as you can tell from the "ADR" designation (not company stock) is called NASDAQ Prime 80. This list contains companies such as LifeLock and Myriad Genetics that are highly speculative in nature because they have less than $10 million in market cap.

Penny stocks are an exciting and potentially lucrative investment option, but they can also be a risky proposition. That’s why it’s important to know how to trade penny stocks safely and effectively, so you can make the most of your investment.

The NSE also posts similar indexes for other countries, including Japan's Nikkei 225. Because of this, penny stocks have traditionally been suitable investments for novice traders or those who are not very familiar with stock analysis and market fundamentals.