It’s important for investors to know how to invest in penny stocks safely. That’s because they’re often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We’ll show you our top two strategies for finding good penny stocks to buy, plus our small-cap stock pick primed for double-digit growth this year…
Video3 Strategies for Investing in Penny Stocks
If you’re looking for proof of just how explosively profitable penny stocks are, Delcath Systems Inc. (Nasdaq: DCTH) is a perfect piece of evidence. This company saw its stock price surge from $0.02 on June 1 to $0.19 on June 26. That marked a stunning 850% gain, which happened after the company announced phase 2 trial data for its cancer drug Melphalan would be released.
But these triple-digit returns aren’t always justified by the company’s profits or business potential. For instance, Chinese energy company Hongli Clean Energy Technologies Corp. (Nasdaq: CETC) saw shares jump 144% from $1.90 to $4.63 during just the first five sessions of April.
Top Penny Stocks To Buy Right Now: Sanderson Farms Inc.(SAFM)
- [By Peter Graham]
Midcap poultry processing stock Sanderson Farms, Inc (NASDAQ: SAFM) reported fiscal Q4 2017 earnings before the market opened on Thursday with shares falling off on weaker-than-expected Q4 profits that were impacted byweak poultry prices, hurricane disruptions and higher-than-expected chicken production. Q4 net sales were $919.9 million versus $790.8million andnet income was $72.9 million versusnet income of $76.0 million. For the full year, net sales were $3.342 billion versus $2.816 billion and netincome was $279.7 million versus net income of $189.0million. The Chairman/CEO made extensive comments about performance and the poultry market:
- [By Peter Graham]
Small cap poultry processing stock Sanderson Farms, Inc (NASDAQ: SAFM) reported Q2 2017 earnings before the market opened this morning as shares still have elevated short interest of 27.73% according to Highshortinterest.comdue in part to fears over bird flu that have probably subsided. Net sales were $802.0 million versus $692.1million while net income was $66.9 million versus net income of $47.6 million. Overall market prices for poultry products were higher during the second quarter compared with the same period last year while market prices for chicken products sold to retail grocery store customers remained relatively strong during the quarter and continue to reflect good demand. The earnings release noted:
- [By Peter Graham]
The Q1 2017 earnings report for small cap poultry processing stock Sanderson Farms, Inc (NASDAQ: SAFM) is scheduled for before the market opens on Thursday (February 23rd) as shares still have elevated short interest of 33.50% according to Highshortinterest.comdue in part to fears over bird flu.
Top Penny Stocks To Buy Right Now: Archer-Daniels-Midland Company(ADM)
- [By Lee Jackson]
This is a very solid play for rocky markets and is offering a very reasonable entry point. Archer Daniels Midland Co. (NYSE: ADM) is a large agricultural services company with almost $90 billion in sales. It is in the business of converting agricultural harvest such as corn, wheat, soybeans and other products into basic ingredients for both consumer and industrial product manufacturers. Its main business lines are focused on oilseed processing, corn processing and agricultural services.
- [By WWW.MONEYSHOW.COM]
Aflac (AFL) ― yielding 2.5%
Archer-Daniels Midland (ADM) ― yielding 2.7%
Chevron (CVX) ― yielding 3.8%
ExxonMobil (XOM) ― yielding 3.6%
Genuine Parts (GPC) ― yielding 2.7%
Johnson & Johnson (JNJ) ― yielding 2.8%
T. Rowe Price (TROW) ― yielding 3.2%
Top Penny Stocks To Buy Right Now: Patni Computer Systems Limited(PTI)
- [By Lisa Levin]
Proteostasis Therapeutics Inc (NASDAQ: PTI) shares shot up 162 percent to $6.16 after the company disclosed ‘positive’ PTI-428 data with statistical significance.
- [By William Romov]
Before we show you our pick, here are the top 10 penny stocks to watch this week?
Penny Stock Current Share Price Nov. 27-Dec. 1 Gain (as of Dec. 1) Pyxis Tankers Inc. (Nasdaq: PXS) $4.10 122.83% Ohr Pharmaceuticals Inc. (Nasdaq: OHRP) $1.28 68.42% Cerecor Inc. (Nasdaq: CERC) $1.74 47.46% Proteostasis Therapeutics Inc. (Nasdaq: PTI) $2.52 37.71% UT Starcom Holdings Corp. (Nasdaq: UTSI) $5.20 37.20% WMIH Corp. (Nasdaq: WMIH) $0.96 33.46% PhaseRx Inc. (Nasdaq: PZRX) $0.90 30.29% Bellerophon Therapeutics Inc. (Nasdaq: BLPH) $2.04 29.94% EV Energy Partners LP (Nasdaq: EVEP) $0.86 27.76% Catalyst Pharmaceuticals Inc. (Nasdaq: CPRX) $4.40 25.71%
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Top Penny Stocks To Buy Right Now: Safe Bulkers Inc(SB)
- [By Ben Levisohn]
StarBulk Carriers (SBLK) and Safe Bulkers (SB) have more than tripled during the past 12 months, while Golden Ocean Group (GOGL) has more than doubled. So it must be time for an upgrade right?
- [By Elizabeth Balboa]
Meanwhile, Safe Bulkers, Inc. (NYSE: SB) rose $0.73 throughout the 2016, Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) fell $1.69 and Navios Maritime Partners L.P. (NYSE: NMM) dropped $0.93.