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Looking For Travel Stocks To Buy Right Now?

Penny stocks, no matter the sector, are typically highly volatile and usually give short-term gains. While this isn’t the case for all penny stocks, a day-to-day case study will usually yield more of these quick movers than long term investments. This year, however, we’re seeing a bit of a mixed bag so to speak.

There’ve been plenty of stocks that previously traded above $10 in some cases, now trading as penny stocks; thanks COVID. Herein could lie the opportunity, however. Many of these beaten-down names are trading at fractions of the valuation they were at in 2019. …


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Marijuana Penny Stocks Are Trading Higher On MORE Act Speculation; Will That Last?

If there was a week to be watching particular penny stocks, this might be that week. As we discussed over the weekend, there’s a big vote planned this week. It will be on the MORE Act and had everything to do with cannabis. House Majority Leader Steny Hoyer (D-MD) said the chamber will take up the MORE Act sometime between Wednesday and Friday. The Marijuana Opportunity, Reinvestment, and Expungement or — MORE — Act aims to decriminalize cannabis and expunge convictions for non-violent cannabis offenses. …


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5 Biotech Stocks To Watch This Week

When it comes to biotech stocks, there’s plenty to take into account. This goes for biotech penny stocks as well. Considering that many of these companies are in the preclinical or clinical stages, there’s a higher chance that traders buy based on future potential than anything else. While this isn’t unusual, it does create a more speculative environment, in general. What’s more, is that you can think of these as constantly having an “earnings-style” catalyst.

Here’s what I mean. You’re probably familiar with “earnings season”. This is when companies report the quarterly or annual results of a given period. Depending on the outcome and one management’s commentary for the future, stocks will typically experience a more aggressive move. This accounts for moves in either direction. Obviously, “playing earnings” is a higher-risk situation because if you’re wrong in your speculative thesis, it could cost you big money. …


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Are These Marijuana Stocks To Buy Or Avoid Right Now?

If you’re looking for marijuana penny stocks to buy right now, you’re not alone. Late last week a bombshell headline shot some adrenaline into the cannabis sector. Whether it was Canadian marijuana stocks or U.S. pot stocks, a sector-wide move was unmistakable. So what was the root cause? Was it a big earnings beat by one of the “Big 10”? Did a major, multi-national brand buy into the cannabis arena? Did another state legalize marijuana?

You may think it had something to do with the above, however, it was slightly different. While this was already announced earlier in the year, more clarity was given late last week. The U.S. …


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Are You Still Chasing The Momentum From Electric Vehicle Stocks?

Electric vehicle stocks have taken the market by storm and penny stocks have been some of the biggest winners of the bunch. You can look at names like Blink Charging ( BLNK Stock Forecast), Electrameccanica Vehicles ( SOLO Stock Forecast), and even Nio ( NIO Stock Forecast) and you’ll see what I’m talking about. All of these former penny stocks gave an answer to the question: “What are the best EV stocks to buy now?”

That was earlier this month and this year that we saw these former electric vehicle penny stocks graduate from sub-$5 levels. NIO stock, for instance, climbed all the way to highs of $54.20 this month ahead of its earnings release. SOLO stock jumped from just $2.88 to highs of $13.60 …


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Are These the Best 4 Small Cap Stocks Under $5?

With the advent of Robinhood and other trading platforms, penny stocks are seeing heightened popularity. This is due to a few reasons. For one, penny stocks are under $5. This means that they are quite accessible to traders of all types. It’s also worth noting that because they are cheap, they often can be quite volatile.

Second, the opportunity with penny stocks can at times be much greater than with traditional stocks. This is due to the fact that many of them have yet to see their full momentum. Additionally, there are plenty of penny stocks to watch that are new to the market. …


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Thinking About Buying Penny Stocks? Here’s 5 Penny Stocks to Watch Right Now

What are epicenter stocks? These are stocks that have gotten beaten down because of pandemic restrictions but, according to Tom Lee of Funstrat, they could be the top names to strongly bounce if and when there’s an economic recovery. These encompass many different industries. Epicenter stocks are also some of the most actively sought after by traders looking for penny stocks on Robinhood. This app has experienced immense growth in 2020. In fact, among most other brokers, Robinhood has emerged as one of the fastest-growing in 2020.

Related | Penny Stocks Brokerage Growth Statistics For 2020

As November comes and goes, we have seen a lot of penny stocks climb in value. Following the presidential election and the spike in COVID cases, there are more penny stocks to watch than in many months prior. Now, this is not to say that all penny stocks have value. Rather, if investors do the research, they can find penny stocks that could have bullish momentum. The first step in finding penny stocks to buy is to pick an industry. This could be biotech, mining, tech or any area that one believes has value. We also have to consider which areas of the stock market are seeing momentum due to current events. …


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Why Are These Top Penny Stocks Attracting Attention?

Investing in penny stocks is all about being ahead of the game. While this is not always the case, it often pays to stay up to date with the happenings of the stock market. This means following news events as well as trajectories of both penny stocks and the market as a whole. If we break down the basics, we see that the term penny stock simply means any company that is trading under $5. As you can see, this means that there are quite a lot of penny stocks to watch. For this reason, it’s best to begin by building out a strategy. …


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Are These Penny Stocks To Trade Or Fade This Week?

This week saw another surge of momentum to kick things off, with penny stocks helping to lead the charge. News from Moderna sparked an early move as traders digested the latest vaccine news. According to Moderna, its vaccine candidate was 94.5% effective. What’s more, is that Moderna’s data showed its vaccine is stable at refrigerator temperatures for 30 days. It can be kept in freezers over the longer term and doesn’t need the special facilities required compared to the Pfizer vaccine.

Meanwhile, we’ve still got a slew of new earnings coming out with eyes on retail. Companies including Walmart, Home Depot, and even Tapestry have all experienced strong growth this year. Is this the beginning of an economic recovery? While there’s plenty of optimism in the stock market, today we’re seeing a bit of early profit taking from yesterday’s move. …


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Are These On Your List Of Penny Stocks To Buy Right Now?

When it comes time to find penny stocks to buy, I’m sure price has its place in your overall approach. Some traders avoid stocks under $5 while others look for the cheapest stocks to buy now. Regardless of this, there are different risks involved no matter the cost of certain penny stocks. For this article, we’re looking at penny stocks that can be bought for less than a dollar menu item at McDonald’s.

What’s more, is that these can also be purchased on the popular trading application, Robinhood. It’s an interesting situation, the millions of traders using this app typically think cheap stocks aren’t accessible. This might have something to do with the fact that many OTC penny stocks trade far below $1; some even below $0.01. …

About

Joe Sirianni

Entrepreneur, Podcaster, Marketer& Content Maniac — Not Investment Advice. This account is affiliated w/ Midam Ventures Review Disclaimer http://bit.ly/mdmdsclr

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