7 Penny Stocks to Buy Before the Bull Market Returns In recent weeks, the stock market has stabilized after June’s sell-off, but it may take time before bullishness makes a comeback. Plenty of uncertainty remains, including further interest rate hikes , continued high inflation, and the growing chance of a recession. Even so, while stocks may still be in a slump, now may be the time to start looking for the best penny stocks to buy before the bull market returns. More volatile than large, widely-held stocks like blue chips, penny stocks have taken a beating so far this year. Conversely though, when market sentiment shifts back to positive, names in this category (stocks trading for $5 per share or less) could deliver outsized returns for investors buying them today. 7 Stocks to Buy on the Dip That said, don’t go out and buy every penny stock you can find, of course. Fundamentals, not the mere fact a certain stock trades in the low single-digits (or lower), should drive your investing decisions. Stick with high-risk, yet high potential-return opportunities, such as these 7 penny stocks to buy before the bull market returns.