Can I buy stock for a dollar and make profit

Yes, it is possible to buy stock for a dollar and make a profit. When a stock is priced at $1, it is considered a penny stock, and it can be bought for that price. However, it is important to note that penny stocks are generally more volatile and can be more risky to invest in. There are several factors to consider before investing in penny stocks, such as the company's financial health, market trends, and regulatory issues. It is also important to do thorough research and consult with a financial advisor before making any investment decisions. Additionally, it is important to remember that investing in stocks carries risk and there is no guarantee of profit. It is important to have a diversified portfolio and to invest for the long term.