Latest News about Penny Stocks. Pennystocks.news is a leading provider and publisher of stock market news, initial public offering (IPO) news, new stock listings and stocks to watch, commentary, business news, financial news and content on the USA & World Markets. The Definition of Penny Stocks. While there is some variation, most consider penny stocks as anything trading outside major market exchanges under $5 USD per share. Traditionally, anything under $1 USD is a penny stock. Penny stocks are an extremely high-risk investment, and most investors consider them to be incredibly speculative. Hot Penny Stocks. Below is a list of what we consider the current best penny stocks (stocks under $5). Our algorithm examines 7,955 different penny stocks from NASDAQ, AMEX, NYSE, and OTC MARKETS to find the best ones to buy based on a proprietary set of conditions.