Were stocks like Apple or Nvidia previously regarded as penny stocks when they were priced so low 20+ years ago?

Question

Are there stocks available now that are priced low that could increase the same amount?

In: Economics

Answer 1

Are there stocks that low that could increase the same amount? Absolutely. That doesn’t mean it’s a good idea to try and find them. If people knew which stocks would blow up like that then they wouldn’t be so cheap.