In reading the latest Festival of Stocks, I came across Pivotal Investing's Top 10 Growth Stocks For Under $10. Penny stocks have piqued my interest this year, so it's interesting to see what kind of companies would be good to invest in.

It's no surprise to see a Chinese auto parts supplier on the list - Wonder Auto Technology (WATG). If this company can tap into the growing demand of hybrid cars and connect with car manufacturers who are looking for new suppliers who can keep up with the demands, then they should do well in the next couple years or so.

If you're just beginning your journey into trading stocks, another good read at the Festival of Stocks is this article, 4 Easy Steps to Start Trading.

I am going to take the advice and start reading as much as I can. That'll be one of the things to do in 2008. Browsing through Amazon, I came across this book that I've added to my wishlist: A Beginner's Guide to Short-Term Trading: How to Maximize Profits in 3 Days to 3 Weeks

Related Post:
Risks, Benefits, and Tips on Buying Penny Stocks