As we dive further into the second half of November, penny stocks continue to be a popular choice among investors of all types. And, there are several reasons why that is the case. For one, penny stocks provide a high level of money-making potential in a time frame that blue chips often cannot match. For example, if we see a penny stock double from $1 to $2, that would be a major portfolio win. And, we do see jumps like this occur with penny stocks from time to time.