Three ASX penny stocks looking to close October with triple-digit returns

Highlights Penny stocks are highly volatile, therefore, they tend to move sharply in any of the directions. If the price move is supported by a high volume, it indicates a sustainable rally/decline which could last for a while. ANL, STM, RVS a...

After the March 2020 meltdown, not only equity market rallied to all-time highs, but crude oil also rallied to a 7-year high. After falling to the US$17 level in March 2020, it is trading above US$83 a barrel in October 2021. Image Source: &copy...

Highlights Investing in penny stocks is a risky venture. However, if these small companies make a turnaround, then they can easily make their investor happy with their multi-bagger returns. DOR, SYA, PRL are some of the penny stocks that turne...

The second half of September and early October have been volatile times for equity markets. While benchmark index, the ASX 200, moved more than 1% a day quite frequently, keeping investors on their toes, some penny stocks have provided comfort with...

Technology stocks have been one of the biggest beneficiaries of the COVID-19 pandemic. The ASX 200 Information Technology index (ASX:XIJ) has delivered a YTD return of 13.93%, outpacing the broader market index. The ASX 200’s YTD return stand...

Highlights  Penny stocks are not expensive and could offer huge benefits if chosen wisely. The healthcare penny stocks have the potential to grow immensely and could deliver significant returns. Oventus Medical, Wellfully, Avecho Biotechn...

Highlights The ASX 200 Energy index notched up 4.9% return in the week ended 24 September 2021. A sharp recovery in crude oil demand this year has led to a significant demand for oil exploration companies. Some penny stocks in the energy space...

Highlights While Mining stocks helped kick-start the ASX 200 rally this year but faded midway, financial stocks have held their ground. Some penny stocks in the financial space have outperformed broader markets hands down. These stocks include...

Highlights  Some healthcare providers have delivered good financial performances in FY21, leading to a triple-digit surge in their share prices. ONE, ACW, PTX are some healthcare penny stocks that have cheered investors this year. These r...

On Thursday, the ASX 200 has rebound sharply, closing in green for the third consecutive day. After a sharp decline of over 2% on Monday, the benchmark index has almost pared all of the losses for this week. Image Source: Copyright © 2021 K...