Biofrontera (NASDAQ:BFRI) stock is catching the eyes of investors on Wednesday following a bullish price prediction. Source: Odua Images via Shutterstock Starting with the price prediction, Roth Capital analyst Jonathan Aschoff initiated coverage of BFRI stock with a buy rating and $20 price target. The analyst believes the stock is poised for growth thanks to…

The recent unemployment claims in the U.S. have hit another post-pandemic low. That’s bullish news for the economy. And it’s bullish news for quality penny stocks as well. Let me clarify what I mean by penny stocks. These aren’t tiny stocks that trade for pennies like the junior mining stocks of the 1970s and 1980s.…

There is no question that the pandemic has brought a significant increase in day traders. And for many of these traders, penny stocks are a convenient investment of choice. There’s no “right” definition for what constitutes a penny stock. Some investors will say the stock must be trading below $1. Others may put the threshold…