- November 16, 2022 07:29 AM PST
- Rupam Roy
- July 25, 2022 08:03 AM PDT
- Rupam Roy
5 penny stocks to watch in June: PVL, SNRG, GOFF. CHKR & FDOC
- May 19, 2022 12:34 PM PDT | Versha Jain
Highlights Permianville Royalty Trust (NYSE: PVL) stock has a P/E ratio of 38.84 and a dividend yield of 7.17%. Susglobal Energy Corp (OTC: SNRG) company has a free float of 82.61 million and outstanding shares of 101.25 million. Goff Corp&rsq...Read More...
Hot penny stocks ACY, NANX, UONEK, & 4 more that gave over 70% return
- February 19, 2022 12:00 PM PST | Versha Jain
Highlights AeroCentury Corp. (AMEX: ACY) is an aircraft operating lessor and finance company. Urban One, Inc. (NASDAQ: UONEK) is a multi-media company focused on the urban audience. Nanophase Technologies Corp. (OTC: NANX) produces engine...Read More...
3 Penny Stocks To Watch Out For In 2022
- January 30, 2022 09:46 PM PST | Shah Gilani (Guest)
Penny stocks are a popular stock category for investors who are looking for short-term gains from explosive price changes in the market. These stocks trade at less than US$5 a piece share and hold low market capitalization. And while you can find few...Read More...
Top penny stocks to explore in February
- January 29, 2022 12:00 PM PST | Versha Jain
Highlights Birks Group Inc. (AMEX: BGI) reported an increase in its interim net sales by 3% YoY for the nine weeks ending December 25, 2021. Hudson Technologies, Inc. (NASDAQ: HDSN) has a P/E ratio of 8.56. The stock rose 226% in one year. ...Read More...
5 stocks under US$5 that could give you a head start in 2022
- December 30, 2021 10:23 AM PST | Versha Jain
Highlights VOC Energy Trust Units of Beneficial Interest (NYSE: VOC) has a P/E ratio of 11.57. Its current dividend yield is 17.09%. Lument Finance Trust, Inc. (NYSE: LFT) has a current dividend yield of 9.055%, with an annualized dividend of U...Read More...
Seven hot penny stocks to watch in December
- December 01, 2021 12:14 PM PST | Versha Jain
Highlights Nanophase Technologies Corp. (OTCQB: NANX) gave a YTD return of 371.76%. Hudson Technologies, Inc. (NASDAQ: HDSN) has a P/E ratio of 8.4 and gave a 247.71% return YTD. Birks Group Inc. (AMEX: BGI) generated a 427.98% retu...Read More...
Are these nine penny stocks worth the penny?
- November 08, 2021 12:45 PM PST | Versha Jain
Veteran investors have the knowledge and experience to help minimize risks in the stock market - be it trading in penny stocks or mid and large-cap stocks. On the contrary, newcomers are often drawn to penny stocks despite significant risks because...Read More...
Nine penny stocks with over 100% year-to-date return to explore
- October 14, 2021 04:15 PM PDT | Ipsita Sarkar
Highlights Rare Element Resources Ltd. (OTC: REEMF) is a mineral resource company. The stock returned 122.33% YTD. Performant Financial Corporation (NASDAQ: PFMT) provides technology-enabled recovery services; the stock gave a 283.65% return YT...Read More...
Seven penny stocks that gave positive returns YTD
- September 01, 2021 03:34 PM PDT | Ipsita Sarkar
Highlights Performant Financial (NASDAQ: PFMT) has 66.93 million outstanding shares. The stock gained 406.24% YTD. KULR Technology Group (AMEX: KULR) was up-listed before starting trading on NYSE from June 7, 2021; the stock rose by 46.60% YTD....Read More...
Penny wise or pound foolish? Here are 5 penny stocks to explore
- August 26, 2021 04:11 PM PDT | Ipsita Sarkar
Highlights The stock value of Vinco Ventures Inc. (NASDAQ: BBIG) rose 147.2% YTD. The stock value of Charles & Colvard Ltd (NASDAQ: CTHR) rose 127.2% YTD. The revenue of Calyxt, Inc. (NASDAQ: CLXT) jumped 415 percent YoY. Companies pr...Read More...
Frequently Asked Questions
Can you make money on penny stocks?
The chances are evenly balanced. One can either make or lose money, applicable to all the assets in the stock market. The only difference is penny stocks carry higher risks because of their small size and limited capital, which may not help them sustain during major economic hardships or world disasters like the Covid-19 pandemic. But if one picks the stocks after due diligence, penny stocks may prove to be one of the fastest ways to make quick bucks. Of course, only if one buys the right share. But the risks with penny stocks are always higher.
What are the top 10 penny stocks?
There is nothing called the best penny stock. A few examples of penny stock include AeroCentury Corp. (AMEX: ACY), Urban One, Inc. (NASDAQ: UONEK), Clinigence Holdings Inc (OTC: CLNH), Hudson Technologies, Inc. (NASDAQ: HDSN), Nanophase Technologies Corp. (OTC: NANX), Allied Corp (OTC: ALID), Iveda Solutions Inc (OTC: IVDA), Denison Mines Corp. (DNN), ARC Document Solutions, Inc. (ARC), MIND C.T.I. Ltd. (MNDO).
Are penny stocks good for beginners?
Penny stocks are considered a risky investment for many reasons. These companies are relatively new and small. And the chances of failure during economic hardships or macroeconomic stress are high. Beginners may instead take the mutual fund route, ETFs, or fractional investing if they want to get a stock market exposure.