Saturday, September 3, 2011

Brand-Name Stocks You Can -- But Shouldn't -- Buy for Pennies

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Denny's (DENN). Talbots (TLB). Coldwater Creek (CWTR). You see these established companies all the time, whether at the mall, on your daily commute, or in catalogs delivered to your mailbox. And for less than a cup of coffee, you can actually buy shares of each of their stock. Alas, that doesn't mean you ought to.

These are penny stocks, defined as stocks that trade for less than $5 per share. To some investors, they might look "cheap." They could even seem like deep values. But this is one...

Brand-Name Stocks You Can -- But Shouldn't -- Buy for Pennies originally appeared on DailyFinance.com on 2011-09-02T16:15:00Z.

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