US EditionThis former penny stock's on fire – time for me to double down?
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This former penny stock's on fire – time for me to double down?
When I bought construction and engineering firm Costain Group (LSE: COST) on 29 November 2023, it fitted the technical definition of a penny stock. The shares cost me 60p. Today, they’ve more than doubled to 125p, so it’s a penny stock no more. It’s a red-hot growth stock and I love it. Costain’s now the best-performer in my Self-Invested Personal Pension (SIPP). But by my standards, it was a bit of a punt. Most of my holdings are FTSE 100 blue-…
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