3 Penny Stocks to Buy to Tap Into a Hidden Bull Market It’s fair to say that many investors are searching for a hidden bull market currently. For most, this search may take hold among mega-cap, low-beta blue-chip stocks. For others, this could mean finding specific penny stocks to buy with incredible upside, given their beaten-up valuations. In any case, it’s a search for diamonds in the rough. Thus far, 2022 hasn’t been great for investors embarking on this search. Broad indices including the SP 500 have faltered. This critical index is already down 21% year-to-date through Sept. 21, and has dropped even further in recent days. Much of this has to do with the Federal Reserve’s decision to implement a third-consecutive 75 basis point (0.75%) interest rate increase. The tech-heavy Nasdaq has fared far worse, declining over 31%. In recent days, most major indices have dropped below their yearly lows set in mid-June. Accordingly, rather than relying on the broader market to turn positive, many investors are instead seeking out hidden gems. Thus, for those taking a look at small-cap stocks, or those that have fallen below $5 per share, here are three such penny stocks to buy right now.