There is a huge risk when you buy penny stocks. The companies that offer these types of stocks have a small market capitalization and the prices of penny stocks can go down anytime. However, a lot of investors see the volatile nature of penny stocks as a way to gain large profits from a small investment in a short period of time. Thus, you should be careful in choosing which penny stocks to buy. To find and buy penny stocks, you can ask the help of your full service broker or you can utilize online sources. Penny stock brokers are considered as the experts when it comes to stocks trading and they can give you tons of advice on how to choose your penny stocks wisely and may also recommend hot penny stocks that you can include in your portfolio. However, the service of these brokers is quite expensive. If you want to save, you may choose to do your own research and find jot penny stocks on your own. Though it is a lot of work it is important to make sure that you are buying the right penny stocks.