3 Penny Stocks To Buy According To These Top Analysts This weekend we discussed the idea of penny stocks and analyst ratings. The biggest take-away is that forecasts should be just one small part of your research process. Only going by an analyst recommendation could actually pose certain risks depending on your trading strategy. But, they arenât bad to take note of when looking at the bigger picture. In the stock market today, we see plenty of actively traded penny stocks. This can make it difficult to focus with so many big movers hitting scanners. With this in mind, itâs important to remember your trading strategy. Are you planning on day trading stocks, swing trading them, investing, etc.? The timing of your trade can dictate the type of information you look for.