By Aima ZaheerIn this article, we discuss the 5 multibagger penny stocks to buy in 2022. In 2021, trading in over-the-counter stockscrossedthe $552 billion level, significantly higher than the overall volume in 2020.An increase in retail investing due to the pandemic boredom could be credited as the reason for an increase in penny stock trading during the last two years. Around10%of Russell 3000’s trading volume came from retail investors during the first half of 2021. The contribution peaked in September at 15%. According to research by Morgan Stanley, stocks that had strong retail participation reported better performances in comparison to stocks with low retail participation between July 2016 to June 2021.Exponential ReturnsPreviously, penny stocks have generated historic gains, as
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet. It also offers virtual reality training system, a law enforcement 3D training system employing immersive computer graphics VR with proprietary software-enabled content. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2007 and is based in Tempe, Arizona.