Many new stock pickers are naturally attracted to penny stocks. The logic is that they can easily buy hundreds (or thousands) of shares of a company that trades for under $1 with only a few hundred dollars. The same can't be said for "expensive" stocks that trade for over $100 per share.However, we Fools know that penny stocks are usually a bad bet for investors. So which stocks do we think penny stock lovers should focus their time and attention on instead?