Penny stocks are stocks that sell for N5 or less, they let you buy in big volume and enjoy significant returns if they add at least 1 Naira.

But the truth is most penny stocks are dead companies waiting for an official exit from the stock market. If you buy such stock, that's the end.

In summary, penny stocks are like a two-edged sword, high-risk and high reward play.

To help you play safe, I have researched two growth stocks you can trade for short-term and get good returns.

Here are today's stock recommendations:

• This insurance stock delivered a whopping +300% gain in 2024 and now it's a buy, click here to access it.

• This penny stock reported a single-quarter growth of +300% that recovered all its losses in Q1 and Q2 2024, click here to access it.

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