Benzinga | Oct 4, 2021 03:45PM EDT

A Look at Some 'Legit' OTC Stocks

Many investors are leery of OTC, or over-the-counter, stocks -- and there are plenty of good reasons for that caution. OTC stocks often involve companies too small to be listed and traded on the coventional and better-known stock exchanges.

They can include so-called "penny stocks" -- defined by the SEC as "a security issued by a very small company that trades at less than $5 per share."

Companies issuing OTC stocks might also have bad credit records or be highly speculative But not all OTCs are as risky as you might think. Here's a list of some "legit" OTC's for you to consider: