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Are These Penny Stocks To Buy? Ask The Analysts Rating Them

4 Penny Stocks Analysts Have Rated A “Buy”

If you’re new to penny stocks or are new to PennyStocks.com, it’s important to know where to get reputable information. Where opinion columns and websites with third party contributors may appear biased, you can’t disregard them for gauging sentiment. This same idea holds true for analyst ratings. If you haven’t taken a look around the site, you likely haven’t seen the penny stock profile pages.

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Independence Contract Drilling Inc. (ICD)

Shares of Independence Contract Drilling Inc. got off to a racing start on Thursday. The penny stock closed at $2.40 on Wednesday and has since jumped to early highs of over $5 a share. What does the company do? Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers.

penny stocks to buy ICD
penny stocks to buy ICD

Heat Biologics Inc. (HTBX)

Another one of the penny stocks analysts appear bullish on is Heat Biologics Inc. (HTBX). While the stock hasn’t seen as big a surge as Independence, HTBX stock managed to trade at new highs for April. The jump wasn’t companies by any new updates but the conversation about coronavirus penny stocks has heated up. Earlier this month, the company put together a COVID-19 advisory board.

penny stocks to buy HTBX
penny stocks to buy HTBX

Neptune Wellness Solutions Inc. (NEPT)

This week, we’ve seen an increase in marijuana penny stocks. Yesterday, one of the top traded penny stocks to watch was Aurora Cannabis (ACB Analyst Rating) as attention grew in Ontario for its stance on Cannabis as an approved industry to leave access open to. While Neptune Wellness is another one of the popular cannabis names in the industry, it’s not jumping this week because of industry-related news. We saw something similar to what I’m about to explain from another cannabis penny stock this week. While it’s kind of unrelated, “it gets the people going” as the Blades of Glory saying goes.

penny stocks to buy NEPT
penny stocks to buy NEPT

Mallinckrodt plc (MNK)

Finally, Mallinckrodt plc. has been on the move this week as investors circle the healthcare and biotech arenas. Specifically, Mallinckrodt has made a big announcement this week that had nothing to do with COVID-19. What was the news? Mallinckrodt reported that it struck a deal with some of its creditors to exchange certain senior notes with new 10% “First Lien Senior Secured Notes”. These will become due in 2025 so it gives the company a bit of breathing room for now.

penny stocks to buy MNK
penny stocks to buy MNK

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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