Will there be a wave of “penny, tea” stocks amid capital corrections during the “ghost month”?

Amid Vietnam’s stock market’s strong growth recently, capital is shifting from large-cap stocks to lower-priced penny stocks as profit-taking occurs among blue-chip stocks. The VN-Index remains high at 1,645.47 points, despite recent adjustments. The P/E ratio of the VN-Index has risen to 14.76 times, indicating increased profit-taking pressure. Penny stocks like TTH are attracting capital due to their low prices and recovery expectations from new investments, despite a loss in 2024. Capital may flow into penny stocks as investors shift focus, potentially creating significant surges for these stocks. However, investors need to be cautious to avoid risks when participating in this penny stock group.