Penny stocks also known as "low-priced shares" sell for less than $1 per share. These equities are typically not traded on the major stock exchanges, buying them might be difficult. Because penny stocks have a little market capitalization, there isn't enough demand for them to trade at higher levels, hence their prices are often low. Although penny stocks may have better returns than other types of investments, they also carry a higher level of risk. The future price of penny stocks cannot be predicted, and if you don't know how to analyse them beforehand, investing in them might be perilous.

These stocks typically trade over the counter, meaning there is no established price and they can be purchased or sold for any price, rather than on major stock exchanges. Due to their higher risk than other investments like savings accounts or bonds, penny stocks have the major advantage of providing a bigger return on investment. The drawback of investing in penny stocks is the potential for the company to file for bankruptcy, which would result in the investor losing all of their money. Securities having share prices under $5 are referred to as penny stocks. Since there is no fixed price for these securities, investors can purchase them because they trade over-the-counter. Here is a list of the top 10 penny stocks.

Penny stocks are a great way to invest in companies without breaking the bank. You can find penny stocks under 10 cents that are worth investing in by doing your research and looking for companies with good potential.

The following are some of the top 10 penny stocks under 10 cents and worth investing in right now!

1. Dataram Corporation (DRAM)

2. Five Prime Therapeutics (FPRX)

3. Fortinet Incorporated (FTNT)

4. Abercrombie & Fitch Company (ANF)

5. Natus Medical Incorporated (BABY)

6. Mazor Robotics Ltd. (MZOR)

7. Yelp Inc (YELP)

8. Arrowhead Pharmaceuticals, Incorporated (ARWR)

9. Rigel Pharmaceuticals, Incorporated (RIGL)

10. Axovant Sciences, Incorporated (AXON)